The Aadhaar and PAN cards are essential for both personal and public transactions. Nowadays, it is nearly impossible to carry out any task without an Aadhaar card. Even if you manage to do so, you may encounter various issues.

The central government has mandated the linking of PAN cards with Aadhaar cards. This connection serves as a crucial link, making it necessary for every individual to associate their PAN card with their Aadhaar card to avoid potential complications.

Failure to link these documents can hinder your ability to enroll in colleges, open bank accounts, or conduct business activities. Specifically, without linking your Aadhaar to your PAN, you will not be able to open a bank account, as this linkage is now a prerequisite across all banks.

Moreover, if your PAN and Aadhaar are not linked, you will be unable to file your income tax returns and will not be eligible to claim any refunds associated with an inactive PAN card.

Additionally, the absence of a link between your Aadhaar and PAN can obstruct your investment activities, preventing you from investing in mutual funds.

If your PAN and Aadhaar are not connected, you will also be unable to open a demat account for investment purposes.

Furthermore, without the linkage of these two documents, you will be restricted from making payments exceeding ₹1 lakh in a single transaction for the purchase or sale of any security, except for shares.

You will not be able to open any accounts other than fixed deposits and savings accounts in banks or cooperative banks that have not linked PAN with Aadhaar. Additionally, you will be restricted from depositing more than ₹50,000 in such banks or cooperative banks.

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