Nowadays, incidents of fraud are increasing rapidly in the digital age. In such a situation, thugs can take a loan in your name without permission. Actually, PAN number is related to your financial identity and if someone misuses it, you may have serious problems. Therefore, it is necessary to check any fake transactions related to your PAN so that you can avoid fraud. Come, let us know how you can find out with the help of your CIBIL score that there is no fake loan in your name.
Keep an eye on credit report
The easiest and sure way of any loan on PAN card is to check your credit report. This is as if you keep an eye on all the antics of your PAN card. Credit Bureau like Cibil, Experian, Equifax and Crif High Mark keeps accounts of every loan and credit card taken in your name. Go to their website, get your PAN number and mobile number and get a free credit report. In this report, you will get all the details of which loans or credit cards are running in your name.
Fraud will be detected by credit report
It is important to look at some special things while checking the credit report. If you see such a loan or credit card, for which you have never applied, then this is a sign of danger. Wrong account number, name of unknown bank or lender, or such credit inquiry that you have never approved. These are all red flags, which are screaming and telling that something is wrong with your PAN card. Do not delay in such a situation, take action immediately, otherwise both your credit score and financial health can suffer heavy losses.
If you get a fake loan, do this work immediately
If there is a fake loan in the credit report, then there is no need to panic. First of all, contact the lender, whose name is seen in the name. Also, tell the Credit Bureau, whose report showed this mess. Most Credit Bureau offers the option of online complaint. You have to give proof of your identity, loan related details and a signed affidavit. After this, go to the cybercrime cell of your nearest police station and file a complaint. Submit proof of misuse of PAN card and get the police an FIR. These steps will help save your credit score and catch the fraudster.
Make your PAN card safe like this
By adopting some easy tips for the safety of PAN card, you can also avoid the fraud ahead. The most important thing, never share your PAN card number on an unknown website, app or WhatsApp message. Do not give it publicly or without need. If your PAN card is lost, apply for the reprint immediately and keep an eye on your credit report for the next few months. Use strong password for your bank accounts and keep SMS or email alert on for loan or credit card application. If you are giving photocopy, then sign on it and write the reason for giving it, so that no one can misuse it.
Also read- Did anyone take a loan on your Aadhaar card? How to check