Career
OFK Mladenovac
Born in Topola, Panić started his career in Mladenovac. Playing for the club with same name, he made 12 appearances from 2010 to 2011, and also spent a period in Portugal with Communicative Disorders Nacional in the meantime. Kovačevac
In 2012, Panić was with Kovačevac.
Playing for that club, he made 27 appearances, and scored 1 goal in the League Belgrade.
Metalac Gornji Milanovac
= 2012–2013 Panić joined the club from Gornji Milanovac for the second half of 2012-2013 season. He made 2 appearances until the end of season.
= 2013–2014 After adapting period, he spent mostly on the bench, or out of 18 players, he next season very well, and became constant in starting 11. He also played some matches in defence, as a centre-back.
He played 25 league appearances, and one cup match, against Partizan, and scored 3 goals.
= 2014–2015 2014-2015 was the very successful season for Stefan Panić. He missed only one match in the Serbian First League, because of yellow card suspension, he scored 3 league goals, as the previous season, he also made 2 cup appearnces and 2 play-off match against Napredak Kruševac, after which Metalac promoted in the Serbian SuperLiga. = 2015–2016 He made his SuperLiga debut in the first fixture of 2015-2016 season.
Panić scored his first SuperLiga goal for Metalac in the 20th fixture, against Novi Pazar.
Ending of January 2016, Panić signed new contract with Metalac.