Requirement of pan card in post office and banks

Hi Experts,

Yesterday visited Post Office to open up an MIS account worth 15 Lakhs, but application got rejected as I need to submit PAN card. Is it mandatory to submit PAN card to apply for Post Office schemes?

Even TDS got deducted from FD account at SBI, this happens only when we are closing the account; why don't the bank asks for PAN during opening the FD. This creates havoc for people who don't have PAN and they don't understand about its rules and formalities.

Need more information on PAN and TDS rules and regulations with Post Office and Banks.

Rahul K

Hyderabad