Form 61 - Use in the place of a PAN card

What is form 61?

Form 61 is required to be filled by an individual/company in order to make financial transactions in situations when he/she doesn't own a PAN card.

Documents required to fill up Form 61

• Aadhar Card
• Electoral Photo Identity Card
• Ration Card
• Driver's License
• Passport
• Identity Card issued by a recognised institution
• Recent utility bills

What is Form 61 used for

Form 61 can be used in the place of a PAN card as per Rule 114B. The transactions that can take place by using Form 61 are:

• Sale/Purchase of property worth over 5,000,000
• Sale/Purchase of vehicles other than two-wheelers
• Fixed deposit that exceeds 50,000
• Fixed deposit in the post office that exceeds 50,000
• Sale/Purchase of securities that exceed 10,00,000
• While opening an account with a bank
• Payments that exceed 25,000 in restaurants
• Application for availing cellular network connection

How to Fill Form 61

Form 61 is available in both online and offline modes. The information required while filling up Form 61 are:

• Name of the applicant
• address of the applicant
• Details of the transaction
• Date, Place of the transaction
• Declarant's signature

Applicants also need to sign a declaration which states that all the information provided by them is accurate.