Want to know what is UTIITSL? Well you have landed on the right article.
Unit Trust of India Infrastructure Technology and Services Ltd, or UTIITSL, was formerly known as UTI Technology and Services Ltd, or UTITSL. It was established in 1993 to provide various services to those who invested in UTIs.
After the enactment of UTI ACT in 2002, it got the status of a government-owned company. UTIITSL offers outsourcing and financial services in India.
Its wide range includes insurance and mutual fund services, PAN card printing and issuance services, and other digital services in the government and financial sectors.
Services Offered by UTIITSL
Some of the essential services offered by UTIITSL are given below:
UTIITSL has been providing services related to Permanent Account Number (PAN) that includes:
- Application of UTI PAN card
- Correcting or modifying UTI PAN card
- Downloading e-PAN
- Updation of address in UTI PAN card through eKYC procedure
- Bulk authentication of UTI PAN cards
- Find the status of UTI PAN card
1) Application of UTI PAN card:
Indian or overseas citizens can download Form 49A to apply for the PAN card and submit it to the nearest UTIITSL office. The documents and application form can be e-signed using Aadhaar-based eSignature or DSC mode.
The online applicants will get their e-PAN cards via email. Those who have opted for the physical mode will get their PAN cards mailed to their registered addresses.
2) Correct or Modify UTI PAN Card:
One can apply for correction or modification in their UTI PAN cards via physical and digital modes. The correction/modification forms are available at UTIITSL offices and the website.
Applicants can visit the UTIITSL website and fill out the online CSF form with details like name, address, name of parents, etc. Aadhaar is valid proof for changing or correcting any of these details.
Once the process is completed, the applicants shall receive their updated UTI PAN card via email or mail, depending upon the method chosen by them.
3) Download e-PAN Card:
Applicants can now download their e-PAN card directly from UTIITSL's official website.
4) Update of Address in UTI PAN Card Through eKYC:
Only Indian citizens who have linked their PAN cards with Aadhaar Card can update their address via UTIITSL's official website. For that, they need to submit their PAN, Aadhaar number, mobile number, email ID, and GSTIN to update their address in the PAN database.
5) Bulk Authentication of UTI PAN Cards:
Financial institutions such as mutual fund houses, depository participants, insurance companies, etc., need to carry out bulk verification of PAN cards. The institutions registered with UTIITSL can use their login credentials to carry out the bulk verification process.
6) Application of UTI PAN card:
Find the Status of UTI PAN Card: Those who have applied for PAN at the UTIITSL office or through their website can also track its status online. They just have to use their application number and enter their date of birth to find their application status.
UTIITSL Contact Details
UTIITSL contact number | 033 4080 2999 |
UTIITSL address | No.1/28, Ground Floor, Sunlight Building, Asaf Ali Road, Old Delhi, New Delhi, Delhi 110002 |
Registrar and Transfer Services for Mutual Funds
UTIITSL is a distributor of mutual funds and is present on the jury members list of various mutual fund houses. Therefore, investors can apply for mutual funds through its website.
UTIITSL also provides assistance and guidance to relatively new or inexperienced investors. It also offers after-sales and other services related to mutual funds, such as services associated with MIS reports, paid warrant reconciliation, issuing warrants and duplicate warrants, etc.
Registrar and Transfer Agent's Service
UTIITSL also offers payroll processing, financial profile management, and insurance. Services related to sharing transfer, such as maintaining records, transfer requests, issuing or transferring shares, etc., are also offered by the company.
Processing Medical Bills
UTIITSL processes medical claims of employees covered under these government health schemes:
- Central Government Health Scheme, or CGHS
- Ex-Servicemen Contributory Health Scheme, or ECHS
- NHS - NIMHANS Health Scheme
- Indian Railways CTSE - Cashless Treatment Scheme for Emergency Scheme
- ESISKA - Employees State Insurance Scheme Medical Service (Karnataka)
Infrastructural Services
From conceptualisation to execution, UTIITSL offers end-to-end infrastructural services for various projects. It includes:
- Electrical, equipment supply, furnishing, building, interior designing, renovation, and other kinds of project management offerings.
- Maintaining gardens, pest control, security, maintenance, and other services related to the management of facilities and hospitality.
- Maintaining mechanical and electrical installations, including pumps, lifts, generators, air conditioning, and other services associated with building management.
- Asset and property valuation services.
- Leasing, acquisition, disposal, and services related to other transactions.
IT Infrastructure and IT Enabled Services
UTIITSL excels in managed IT, software development, and software implementation services. Database management, building data centres, and other services related to IT infrastructure are available with UTIITSL.
IT Consultancy and Project Management
UTIITSL has worked in the capacity of a consultancy firm for several IT-related projects. It offers full turnkey services to government institutions in the capacity of a technology partner. Some essential IT business services provided by UTIITSL include:
- Developing prototypes
- Building servers
- Monitoring projects
- Analysing business solutions or software
- Re-engineering business processes
- Server Architecting
- Analysing database requirements
How to apply for a PAN through UTIITSL's website and pay for it online?
Before applying for a new PAN by UTIITSL's official website, one must know these things:
Both Indian citizens and overseas Indians can apply for a PAN through UTIITSL's portal. Indian citizens need to use Form 49A, and NRIs need to use Form 49AA to apply for PAN.
Individuals who have applied for a correction or update in the existing PAN should use the CSF form available on its portal.
Form 49A should be filled only after going through the instructions mentioned in the portal. After completing the form, applicants can check the details by clicking on the 'Validation' button.
Applicants must submit their form and proceed with payment only after validating all the details thoroughly. To make an online payment, they should click on the 'Make Payment' option.
The two payment gateway options available with UTIITSL are PayU India and Billdesk.
Applicants should confirm which gateway is compatible with the card issued by their bank and complete the payment using any of these options:
- Cash card
- Debit card
- Credit card
- Net banking
- Other alternatives available on the payment gateway
After completing the payment, applicants should download a copy of the form if the message shows payment success. If the payment fails, they should cancel and refill the application or submit it again.
Applicants should now paste two of their passport-sized photographs. After that, they should sign below the photo pasted in the right-hand corner of the form. They must sign across the photo in the left-hand corner.
Finally, they can sign at the right-hand bottom of the form in the provided space.
Three documents must be attached to the application form that validates their identity and address. These documents and the application form should be mailed or submitted at the UTIITSL's Mumbai, New Delhi, Chennai, or Kolkata office.
The mailing address can be found on the official website of UTIITSL.
Point-to-point Structure of UTIITSL Pan Card
Each individual can apply for only one PAN. The following details are printed on the PAN card:
- Applicant's full name
- Applicant's father's name
- Date of birth of the applicant
- Photograph of the applicant
- Applicant's signature
Conclusion
All the essential services offered by UTIITSL have been discussed in this article. If the readers have any doubts regarding the same, they can connect with us.
Frequently Asked Questions
Q1. What is the difference between NSDL and UTIITSL?
Both NSDL and UTIITSL come under India's Income-Tax Department. Therefore, their processes and services are quite similar. However, NSDL is ahead of UTIITSL in terms of franchises and offices. Also, it is believed that NSDL's website and courier services are slightly better than UTIITSL.
Q2. Is UTIITSL PAN card valid?
All pan cards issued by the Income-Tax Department are valid, irrespective of whether it has been obtained via UTIITSL or NSDL. Also, if an applicant does not get the PAN card delivered by post, he can download the e-PAN from the official portal of UTIITSL. It will also be considered a valid document.
Q3. Is UTIITSL trusted?
The Central Government owns UTIITSL. It offers outsourcing and technology-related services to various government and financial sectors. Therefore, it is a trusted company. Apply for a PAN card, purchase a mutual fund, and avail of other services provided via UTIITSL's site or a UTIITSL office located nearby you.
Q4. Is UTIITSL a government company?
UTIITSL is one of the most prominent providers of financial services in India. It is a government-owned company registered with SEBI in the Permanent Registrar Category-1. It also offers research and technological services to financial institutions, mutual fund homes, and individuals who have invested in corporate shares, bonds, and deposits.
Q5. Will UTIITSL be responsible for the issuance of my PAN card?
Yes, UTIITSL will be responsible for sending the PAN card if you have applied for a new PAN card or requested an update. However, remember that the PAN card will be sent to the address that you registered while filling out the Form 49A form. Therefore, ensure that the address is correct.