Hi,
I had taken Peerless policy with a maturity of 10 years around 13 years back. I paid the premium for the first two years and then as I had to go abroad I could not pay the remaining payments. I have been living as an NRI for the past 11 years now. Now that my Peerless policy had passed the 10 year maturity period, I would like to claim the amount that I paid, which actually got appreciated over the last 13 years. When I submitted my application to Peerless, the authorities at Peerless want my PAN number.
As I said earlier, as I have been living as NRI abroad for the last 11 years, I do not have a PAN number.
In this regard, can some one let me know a) Does an NRI needs a PAN number, b) What re the advantages and disadvantages of having a PAN number, c) how can I get a PAN number and lastly is there any other easy and quick way of getting my appreciated investment from Peerless.
Your reply and suggestions will be appreciated.
Thanks & regards,
Srinivas
I had taken Peerless policy with a maturity of 10 years around 13 years back. I paid the premium for the first two years and then as I had to go abroad I could not pay the remaining payments. I have been living as an NRI for the past 11 years now. Now that my Peerless policy had passed the 10 year maturity period, I would like to claim the amount that I paid, which actually got appreciated over the last 13 years. When I submitted my application to Peerless, the authorities at Peerless want my PAN number.
As I said earlier, as I have been living as NRI abroad for the last 11 years, I do not have a PAN number.
In this regard, can some one let me know a) Does an NRI needs a PAN number, b) What re the advantages and disadvantages of having a PAN number, c) how can I get a PAN number and lastly is there any other easy and quick way of getting my appreciated investment from Peerless.
Your reply and suggestions will be appreciated.
Thanks & regards,
Srinivas