PAN Card Fraud Alert: How To Check If Someone Took A Loan In Your Name

Fraudulent activities involving PAN cards are on the rise in India. Scammers are increasingly taking loans or credit in someone else's name, often without the person even realising. Since a PAN card is mandatory for most financial transactions, it can be misused by fraudsters. Thankfully, there is a simple way to verify whether any unauthorised loans have been taken using your PAN card.

How to Check If a Loan Exists on Your PAN

The easiest way to detect misuse is by checking your credit report ( CIBIL Score Report). This report lists all loans, credit cards, and financial transactions associated with your PAN. If you notice a loan or credit card that you did not apply for, it could indicate fraud.

Steps to Get Your Credit Report

1. Visit the official website of any credit bureau such as CIBIL, Experian, Equifax, or CRIF High Mark.
2. Enter your PAN card number, mobile number, and other requested details.
3. Verify your identity using the OTP sent to your registered mobile number.
4. Access your complete credit report, which will show all loans and credit cards linked to your PAN.

Checking this regularly ensures you stay alert against unauthorised financial activity.

What to Do If You Find a Fake Loan

If your credit report shows a loan you did not apply for:

1. Immediately contact the bank or lender that issued the loan and report the fraudulent transaction.
2. File a complaint with the credit bureau (CIBIL, Experian, Equifax, etc.) online. You may need to submit:

• A copy of your identity proof
• Details of the suspicious loan
• A written affidavit explaining the situation

3. Report the incident to the cybercrime cell at your local police station with all supporting evidence. This ensures that the misuse of your PAN is officially recorded and investigated.

By taking these steps promptly, you can protect your name and credit score from fraudulent activity.