PAN Card Fraud Alert: Has Someone Taken a Loan Using Your PAN? Here's How to Check and Report It

PAN (Permanent Account Number) is a crucial identification document in India, required for filing income tax returns and conducting high-value financial transactions. However, in recent times, cyber fraudsters have begun misusing PAN cards for identity theft — including unauthorized loans.

This kind of fraud can negatively affect your credit score, financial credibility, and even lead to legal or recovery notices — all without your knowledge.

How Do PAN Card Frauds Happen?

Fraudsters steal your PAN details and use them to illegally apply for and secure loans from financial institutions. In many cases, the actual PAN cardholder remains unaware until the damage is already done.

How to Check if a Loan Has Been Taken Using Your PAN

To avoid becoming a victim of PAN-based loan fraud, it’s important to regularly monitor your credit profile. Here's how you can do it:

✅ Method 1: Use Credit Bureaus

1. Visit the official websites of credit bureaus like CIBIL, Equifax, Experian, or CRIF High Mark.

2. Sign up or log in using your PAN, mobile number, and personal details.

3. Verify your identity using the OTP sent to your mobile or email.

4. Download your free annual credit report.

👉 This report will show all the loans, credit cards, and financial activity linked to your PAN.

✅ Method 2: Use Trusted Fintech Apps

Apps like Paytm, Paisabazaar, or BankBazaar can also provide your credit report:

1. Install the app and register using your PAN and mobile number.

2. Verify using OTP.

3. Go to the ‘Loans’ or ‘Credit Health’ section.

4. Review if any unauthorized loan is listed under your name.

✅ Method 3: Contact Banks/NBFCs Directly

1. Visit the website or portal of banks/NBFCs where you suspect a loan.

2. Log in and check active loans or request your loan statement.

3. You can also contact their customer support for more information.

What to Do If You Discover PAN Fraud

If you find a loan fraudulently taken using your PAN, follow these steps:

1. Save a copy of your credit report and note all the suspicious details.

2. Inform the concerned lender (bank/NBFC) immediately and request a No Objection Certificate (NOC) or clarification.

3. File an online dispute with the credit bureau, attaching evidence.

4. Report the incident on the government’s cybercrime portal: cybercrime.gov.in.

5. Monitor your credit report periodically to ensure the fraudulent loan is removed.

✅ Tips to Stay Safe from PAN Fraud

• Never share PAN card details over unverified websites or apps.

• Avoid uploading PAN images on public platforms or unsecured devices.

• Enable alerts for your credit profile through fintech apps.

• Periodically check your credit report, even if you haven’t applied for credit.

Remember: Early detection and reporting is the best defense against identity theft and PAN card fraud. Stay vigilant.