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Download Form 60 for Punjab National Bank Accounts Online


Punjab National Bank Form 60 Download: A Complete Guide




If you are a customer of Punjab National Bank (PNB) and you do not have a Permanent Account Number (PAN), you may need to submit a declaration in Form 60 for certain transactions as per the Income Tax Rules, 1962. In this article, we will explain what is Form 60, why is it required, how to download it from PNB website, how to fill it correctly and avoid penalties, and how to submit it to PNB. We will also answer some frequently asked questions (FAQs) about Form 60.




punjab national bank form 60 download



What is Form 60 and why is it required?




Form 60 is a declaration that must be filed by an individual or a person (not being a company or firm) who does not have a PAN and who enters into any transaction specified in Rule 114B of the Income Tax Rules, 1962. Some of the transactions that require Form 60 are:


  • Opening an account with any banking institution or bank other than basic savings deposit account



  • Applying for debit or credit card



  • Purchase or sale of any motor vehicle excluding two wheelers



  • Purchase or sale of an immovable property valued at Rs.10 lakh or above



  • A fixed deposit with any bank/post office/Nidhi/non-banking financial company amounting to more than Rs.50,000 or aggregating to more than Rs.5 lakh during any financial year



  • Payment to restaurants or hotels in cash exceeding Rs.50,000 at one time



  • Payment in connection with travel to any foreign country or payment for purchase of any foreign currency in cash exceeding Rs.50,000 at one time



  • Payment of life insurance premium exceeding Rs.50,000 in a year



  • Sale/purchase of company shares or contract for sale or purchase of securities exceeding Rs.1 lakh per transaction



Form 60 is not a substitute for PAN, but a method for providing PAN in some cases. Some of the reasons why a person may not have a PAN are:


  • They have not applied for PAN



  • They have applied for PAN but allotment is pending



  • They have income only from agriculture and do not have any taxable income



How to download Form 60 from Punjab National Bank website?




If you need to submit Form 60 to PNB for any transaction, you can download it from the PNB website by following these steps:


Steps to download Form 60 online




  • Visit the PNB website at



  • Scroll down to the section "Forms for Saving Bank Account" and click on the link "Form 60"



  • A PDF file of Form 60 will open in a new tab. You can save it to your device or print it directly



Documents required to submit Form 60




Along with Form 60, you will also need to submit some documents to prove your identity and address. These documents are:


  • Aadhaar card or Aadhaar enrolment number



  • Voter ID card or driving license or passport or ration card or any other government-issued ID proof



  • Electricity bill or telephone bill or bank statement or any other utility bill not older than three months



How to fill Form 60 correctly and avoid penalties?




Form 60 is a simple and straightforward form that requires you to provide some basic information about yourself and the transaction for which you are submitting it. However, you should be careful while filling it and avoid any errors or omissions that may lead to penalties or rejection of your transaction. Here are some tips and precautions for filling Form 60:


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Information to be provided in Form 60




The information that you need to provide in Form 60 are:


S.No.Field NameDescription


1.Name of declarantYour full name as per your ID proof


2.Son/daughter ofYour father's name as per your ID proof


3.Date of birth (DD/MM/YYYY)Your date of birth as per your ID proof


4.Flat/Door/Block No.Your flat/door/block number of your residential address


5.Name of premises/building/villageYour premises/building/village name of your residential address


6.Road/Street/Lane/Post OfficeYour road/street/lane/post office name of your residential address


7.Area/Locality/Taluka/Sub-DivisionYour area/locality/taluka/sub-division name of your residential address


8.Town/City/DistrictYour town/city/district name of your residential address


9.State/Union Territory/PIN CodeYour state/union territory/PIN code of your residential address


10.Email ID (if any)Your email ID if you have one


11.Telephone No. (if any)Your telephone number if you have one


12.Aadhaar number (if allotted)Your Aadhaar number if you have one


13.Details of the document being produced in support of address in column 4The name and number of the document that you are submitting as proof of address, such as electricity bill, telephone bill, bank statement, etc.


14.In case of a person, who is required to quote Aadhaar number or the enrolment ID of Aadhaar application form as per section 139AAPlease mention whether you are required to quote Aadhaar number or the enrolment ID of Aadhaar application form as per section 139AA of the Income Tax Act, 1961. If yes, please tick the appropriate box and provide the reason for not having Aadhaar number or enrolment ID.


15.Amount of transactionThe amount of transaction for which you are submitting Form 60


16.Nature of transactionThe nature of transaction for which you are submitting Form 60, such as opening an account, applying for debit/credit card, purchase/sale of motor vehicle/immovable property, etc.


17.Date of transaction (DD/MM/YYYY)The date of transaction for which you are submitting Form 60


18.Name and address of the institution where the transaction is undertakenThe name and address of PNB branch or office where you are undertaking the transaction


19.Signature/thumb impression of declarantYour signature/thumb impression at the end of the form


Tips and precautions for filling Form 60




Some of the tips and precautions that you should follow while filling Form 60 are:


  • Fill the form in capital letters using black ink only



  • Do not overwrite or use correction fluid on the form



  • Provide accurate and complete information in all the fields



  • Attach self-attested copies of your ID proof and address proof along with the form



  • Submit the form within the prescribed time limit to avoid penalties or rejection of your transaction



  • Keep a copy of the form and the acknowledgement receipt for your records



How to submit Form 60 to Punjab National Bank?




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