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Why did PAN verification fail while opening a Zerodha account?

The PAN verification may fail while opening a Zerodha account for any of the following reasons:

  • The PAN is verified across various intermediaries like the Income Tax Department (ITD), KYC-Registration Agencies (KRA) and Zerodha's internal systems. The PAN verification can fail if intermittent issues arise in the existing systems due to maintenance.
  • If a PAN that already has an account with Zerodha is being used.
  • The PAN has been marked as invalid by NSDL, or an incorrect PAN was entered.

In such cases, retry after some time.

Did you know? Only one Zerodha account can be opened with one PAN.