Planar functions, introduced by Dembowski and Ostrom, have attracted much attention in the last decade. As shown in this paper, we present a new class of planar functions of the form $\operatorname{Tr}(ax^{q+1})+\ell(x^2)$ on an extension of the finite field $\mathbb F_{q^n}/\mathbb F_q$. Specifically, we investigate those functions on $\mathbb F_{q^2}/\mathbb F_q$ and construct several typical kinds of planar functions. We also completely characterize them on $\mathbb F_{q^3}/\mathbb F_q$. When the degree of extension is higher, it will be proved that such planar functions do not exist given certain conditions.
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