Short answer

NSE does not allow PAN to be updated in trading accounts. You can only update your PAN in your demat account. You must then close your existing trading account and open a new trading and demat account with your new PAN.

iRage charges ₹25 + 18% GST as account modification charges. The process takes up to 10 working days after iRage receives and verifies your documents.

How does the PAN update process work?

Update your PAN in your existing demat account and close your trading account.

Open a new trading and demat account with your new PAN.

Transfer your holdings from your old demat account to your new demat account through closure cum transfer.

Required documents

Account modification form (PDF) with signature in the F box. On the KYC page, affix the latest passport-size photograph, sign across the photo in the F1 box, and sign in the F2 box.

Self-attested copy of the PAN with the signature under Applicant signature.

Self-attested copy of address proof. Any one of the following documents: Driving licence Voter ID Passport National Rural Employment Guarantee Act (NREA) job card National Population Register (NPR) letter Masked Aadhaar card

Driving licence

Voter ID

Passport

National Rural Employment Guarantee Act (NREA) job card

National Population Register (NPR) letter

Masked Aadhaar card

Intimation letter for deletion/deactivation of old PAN from the Income Tax Department (ITD).

A handwritten and self-attested letter specifying the reasons for cancellation of the old PAN, with the old and new PAN numbers mentioned.

Ensure your signature on all forms matches the signature you provided when opening your account.

Courier all documents to:

iRage Customer Support Centre 192A 4th Floor, Kalyani Vista, 3rd Main Road, JP Nagar 4th Phase, Bengaluru, 560076

What happens next

Once iRage receives your documents, iRage will update your PAN in your demat account and close your trading account. You can then open a new trading and demat account with your new PAN and initiate a closure cum transfer to move your holdings.