- Historically, Panamic was a key stopover on the ancient Silk Route connecting Ladakh to Central Asia via the Karakoram Pass.
- The village has long been associated with healing due to its naturally occurring hot sulfur springs, which locals have used for generations to treat ailments.
- The local population practices Tibetan Buddhism, and the area is dotted with stupas, prayer wheels, and traditional homes built with mud and stone.
- Panamic continues to be of strategic importance due to its proximity to the Siachen Glacier.
