New Delhi: Financial frauds are increasing day by day. People engaged in online fraud cheat you by using OTP and sometimes by posing as bank employees. But nowadays, the incidents of PAN Card Loan Fraud are increasing. A PAN card is one of those important documents which is useful in taking loans from banks etc. In such frauds, fraudsters will take a loan on your PAN card without your knowledge. Therefore, if you have a PAN card, make sure you don’t have any suspicious loans in your name. Let us know how you can check the misuse of your PAN card.
How to check loan on your PAN card
You can find out from any platform like Paytm or Policy Bazaar whether there is any loan against your PAN card. On these platforms, you get the option to check financial reports. From here you can easily get your CIBIL score and loan details.
Check with Form 26A
Another way is to check with Form 26A. You can check through the form whether someone else has taken a loan on your PAN card or not. This is an annual tax statement, which is issued by the Income Tax Department. It contains details of your income tax return records and other financial transactions, which are done through your PAN card. In this way you can know whether anyone else has taken a loan on your PAN card.
Check by CIBIL Score
This is the easiest way, you can check your CIBIL score through various online platforms CIBIL, Equifax, or CRIF High Mark. By checking CIBIL score you can know whether there is a loan in your name or not.
Steps to check online
Here is a step-by-step guide to check online whether someone has taken any loan in your name.
Visit the official website of CIBIL https://www.cibil.com.
Click on Get Your CIBIL Score.
Fill in the information like your date of birth, email ID, mobile number, etc.
Create a password for login and also select Income Tax ID in IT type.
Fill your PAN number and click on Verify Your Identity.
Login to your account with the help of an email ID or OTP.
Fill the form
As soon as you fill out the form, your CIBIL score will open in front of you and you will also know how much loan you have.
How to report misuse of PAN card
In case of misuse of PAN card, you can also lodge a complaint. You can complain to the Income Tax department. Your problem can be solved by registering your complaint on the official website of the Income Tax Department https://incometax.intelenetglobal.com/pan/pan.asp. Also, by being careful, you can prevent misuse of your PAN card. You should keep checking your CIBIL score from time to time.
PAN Card Loan Fraud: If someone else has taken loan on your name, immediately report it to Income Tax department. Be careful about usage of your PAN card. For this, you should keep checking your CIBIL score from time to time. Business Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
