Requurment to obtain pan card

mohit (student) (77 Points)

23 September 2018  

FDR AMOUNT.          1,20,000

INTEREST RATE.       9% PER ANNUM

TDS.                             10800

As total income less than basic exemption 250000 ,is person require to obtain pan card?

as without pan no. Bank will deduct tds at 20%.