Linking Bank Account with your PAN serves many purposes. It is easier for the tax authorities to track your financial transactions and gives additional protection to your PAN card and helps in avoiding identity theft. Linking your PAN card with your bank account is mandatory as per the rules laid down by the Government of India. Except for the Basic Savings Account Holders in SBI, it is necessary for the account holders to link their PAN with the bank account. In case, the account-holder hasn't linked their PAN details with their bank account; they'll have to submit the Form-16, which is a self-declaration for non-possession of a PAN card.
Link PAN with your SBI Bank Account Online
Follow these steps to link your PAN with SBI bank account:
You can visit your SBI home branch and fill up the PAN card updation form in order to link PAN details to your SBI account via offline mode.
Follow these steps to link your PAN card with SBI bank account:
KYC/PAN Card Update Form
Photocopy of PAN card which is self-attested
Letter addressed to the Branch Manager requesting the update of PAN Card details in your bank account