PAN Card Fraud: Here’s how to check if your PAN number has been misused to get a loan | Job Binary

With so many controversies surrounding the misuse of PAN cards to access personal loans through fintech applications, it is extremely important to know if your personal credentials are being misused.

Using the Dhani app, any person can apply for a personal loan just by sharing their PAN and Aadhaar card details. However, many are misusing the app to get loans illegally by forging PAN card details.

Several cases have been reported of individuals misusing their PAN cards and availing such loans in their names. And this has significantly affected their financial health.

Here’s how you can check if your PAN card is misused:

  • Users can check whether the PAN number has been misused by generating credit scores.
  • Through CIBIL, Equifax, Experian or CRIF High Mark, you can find out whether any loan has been disbursed in your name.
  • You can also visit fintech platforms like Paytm or Bank Bazaar to check your financial reports.
  • For this, users need to enter your personal details like name, date of birth, along with your PAN card details to find out if someone else has taken a loan on your PAN card.

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