PAN Card Fraud: There is a major update for PAN Card holders. Like Aadhaar Card, Ration Card, PAN Card also a very important document. Without it, many works come to a halt. You need a PAN card for everything from income tax returns to banking. You often have to submit a copy of the PAN card. But submitting a copy of the PAN card everywhere can land you in trouble. This can also empty your account. Pay special attention to these things.
Fraud can happen with PAN card
PAN card is a very important document for financial transactions. Without it, you cannot do any banking related work. But often people have to submit a copy of the PAN card for banking or income tax related work or for opening an account. But doing this can also prove to be dangerous. Because fraud can also be committed using your PAN card.
If the details of your PAN card reach the hands of a fraudster, then he can access your bank account using your information and empty your bank account. That is why be careful about where you are depositing the copy of your PAN card.
Nowadays, many fraudsters take loans in the name of others using PAN cards. You can also be a victim of this type of fraud. Therefore, you should always be alert and keep checking your credit score by visiting the credit bureau website. You can find out in your credit score how many loans are running on your PAN card. If you have not taken any loan, then you can lodge a complaint about it. And you can get it stopped. This will also keep your CIBIL score fine.