PAN Card:

1. Physical Form: The PAN card is a physical card issued by the Income Tax Department.
2. Delivery: It is delivered to the applicant's address via postal services.
3. Issuance Time: The process of issuing a physical PAN card usually takes longer, typically around 15-20 days from the date of application.
4. Application: You can apply for a physical PAN card through both online and offline modes.

e-PAN Card:

1. Electronic Form: The e-PAN card is a digitally signed document issued in electronic format (PDF).
2. Delivery: It is delivered to the applicant via email.
3. Issuance Time: The e-PAN card is usually issued much faster, often within 48 hours of application.
4. Application: The application for an e-PAN card is done online. It can be issued based on Aadhaar e-KYC, which simplifies the process.
5. Legality: The e-PAN card is legally valid and equivalent to the physical PAN card for all financial and legal purposes.