PAN Card Loan Check– If you have a PAN Card, then this article is for you. Nowadays, in the digital age, incidents of fraud are increasing rapidly. In such a situation, fraudsters can misuse your PAN card and take a loan in your name without permission. Actually, the PAN number is linked to your financial identity and if someone misuses it, you may get into serious trouble.
Therefore, it is necessary to check any fraudulent transactions related to your PAN so that you can avoid fraud. Let us know how you can find out with the help of your CIBIL score whether there is any fake loan in your name or not.
The easiest and surest way to find out about any loan running on your PAN card is to check your credit report. It is like hiring a detective to keep an eye on all the activities of your PAN card. Credit bureaus like CIBIL, Experian, Equifax and CRIF High Mark keep track of every loan and credit card taken in your name. Visit their website, enter your PAN number and mobile number and get a free credit report. In this report, you will get all the details about which loans and credit cards are running in your name.
Credit report will reveal the fraud
While checking the credit report, it is important to pay attention to certain things. If you see a loan or credit card for which you have never applied, then it is a sign of danger. Wrong account number, name of an unknown bank or lender, or a credit inquiry that you never approved. All these are red flags that are screaming that something is wrong with your PAN card. In such a situation, do not delay, take action immediately, otherwise both your credit score and financial health can suffer huge losses.
If you get a fake loan, do this work immediately
If any fake loan is seen in the credit report, there is no need to panic. First of all, contact the lender in whose name the loan is visible. Also, inform the credit bureau in whose report this discrepancy was seen. Most credit bureaus provide the option of online complaint. You will have to provide proof of your identity, details related to the loan and a signed affidavit. After this, go to the cyber crime cell of your nearest police station and file a complaint. Submit proof of misuse of PAN card and get an FIR registered with the police. These steps will help in saving your credit score and catching the fraudster.
Make your PAN card safe like this
By adopting some simple tips to protect your PAN card, you can also avoid future fraud. Most importantly, never share your PAN card number on any unknown website, app or WhatsApp message. Do not give it publicly or to anyone without need. If your PAN card is lost, immediately apply for a reprint and keep an eye on your credit report for the next few months. Use strong passwords for your bank accounts and keep SMS or email alerts on for loan or credit card applications. If you are giving a photocopy, sign it and write the reason for giving it, so that no one can misuse it.