Bank of Baroda Form 60
This form 60 can be download from the official website of Bank of Baroda i.e https://www.bankofbaroda.in/ or it can be direclty download from the link given below.
This form is used for declaration to be filed by an individual or a person (not being a company or firm) who does not have a permanent account number and who enters into any transaction specified in rule 114B.
Details to be Mention in Bank of Baroda Form 60
- Applicant Details
- Amount of Transction
- Mode of Transaction
- Aadhaar Number issued by UIDAI (if available)
- If applied for PAN and if it is not yet generated enter date of application and acknowledgement number.
- Details of documents being produced in support of identify in Column 1 (Refer Instruction overleaf)
Documents Required
A copy of the following documents need to be submitted along with Form 60 only under a scenario where PAN has been applied for but allotment is pending. These documents serve as identity proof/address proof in the above mentioned scenario (b) i.e. where PAN is not applied for.
- Aadhar card
- Driving License
- Passport
- Ration Card
- ID proof from an accredited institution
- Copy of the electricity bill or telephone bill
- Any document issued by Central Government, State Government or any local bodies.
- Any documentary proof related to the address mentioned in the form.
Form 60 must be furnished for these transactions when a concerned person does not have a PAN or has a pending PAN allotment.
| Nature of transaction | Value of transaction |
| Purchase or sale of any motor vehicle excluding two wheelers | Any value |
| Opening of demat account | Any value |
| Opening an account with any banking institution or bank other than basic savings deposit account/Application to institution or bank or company for debit or credit card | Any value |
| Purchase or sale of an immovable property | value of Rs 10 lakh or above |
| A fixed deposit with any bank/post office/Nidhi/non banking financial company | Amount more than Rs.50,000 or aggregation of more than Rs.5 lakh during any tax year |
| Payment to restaurants or hotels in cash against the bills | 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 a 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 |
| Sale or purchase of goods/services other than the above | Exceeding Rs.2 lakh per transaction |
| Payment to a Mutual Fund for purchase of units | Exceeding Rs.50,000 |
Download the Bank of Baroda Form 60 in PDF format using the link given below or an alternative link.
