People’s confidence in investing in Mutual Funds has increased rapidly. If you also like to invest in mutual funds, then this news is of your use. Let us tell you that it has been made mandatory for those investing in mutual funds to link PAN card and Aadhar card among themselves. If you do not link your PAN and Aadhar card as soon as possible, then you may have to face big trouble later. You may find it difficult to withdraw your invested money later.
The government has made it necessary to link PAN card and Aadhar card with almost every investment and banking sector. After this the mutual fund will have to be linked with Aadhaar. If you do not do this, then you may have to face trouble later. If you have not done this work, then deal with this work as soon as possible. According to the rules made by Income Tax, it is very important for you to have Aadhaar and PAN linked to do any work related to financial sector.
You will not be able to withdraw money without working-
If you have invested your money in mutual funds, then it is very important for you to get two things done. The first thing you have to do is to link your Systematic Investment Plan (SIP) with your PAN card. Along with this, you will also have to get KYC done for SIP. Without KYC and PAN card, you will not be able to withdraw your invested money. Along with this, your PAN will be invalid when PAN-Aadhaar and Aadhaar are linked and you will not be able to withdraw money.
Link Aadhaar and PAN-
Along with this, let us tell you that Income Tax has asked all the people to link Aadhaar and PAN as soon as possible. If you do not do this then your PAN will become invalid on 31 March 2022. After March 31, you will not be able to use your PAN. Along with this, after 31, you will also have to pay a fine of Rs 10,000 for linking both.
Link mutual fund with Aadhaar in this way-
For this work you have to click on https://eiscweb.camsonline.com/plkyc.
After this, you enter the user ID and password of the investment.
After this fill the Aadhar link form. Along with this, you also fill the PAN card number.
After that submit it.
After this, OTP will come on the number linked to the Aadhar card, after that fill it.
After this your Mutual Fund Aadhar Card Link will be done.
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