❗ PANs which are not linked to Aadhar, would be come inoperative with effect from 1st July 2023
❗ *Few important points on PAN-Aadhaar link & associated actions:*
*Transaction type:*
Physical / Online/Exchange Transactions
❌Prospect Folio - Not allowed
❌Fresh Purchase - Not allowed
❌Additional Purchase - Not allowed
❌Redemption - Not allowed
❌Switch - Not allowed
❌Transfers - Not allowed
❌IDCW - Higher TDS & pay-out will be moved to unclaimed scheme
❌Systematic Registration/ Systematic Triggers - Not allowed
❌Systematic Transfers - Not allowed
❌Non -Financial Transactions - Not allowed
*Following categories (PAN as per IT Records) are exempted from Aadhaar-PAN linking :*
(i) NRIs
(ii) Not a citizen of India
(iii) age > 80 years as on date
(iv) state of residence is ASSAM, MEGHALAYA or JAMMU & KASHMIR
*PAN🔁AADHAR Link*👇
- Team Union MF
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