PAN Card Tips: Have you ever thought that someone has quietly taken a loan in your name and you have no idea about it? It may sound strange, but in this era of digital fraud, taking fake loans by misusing the PAN card is becoming a common thing. But do not panic. With the help of a simple online step, you can find out whether someone has misused your PAN number or not.

Is there any fake loan running in your name?

To find out whether any fake loan is running in your name, you do not need to go anywhere. You can check online in just a few minutes how many loans are running in your name and what their status is. The most reliable way to get this information is the credit bureau report, especially the CIBIL report.

What is CIBIL?

CIBIL is India's oldest and most trusted credit report agency, which tracks your credit history. As soon as a bank or NBFC approves a loan using your PAN number, its information is added to the CIBIL report.

Your horoscope will open in a jiffy.

You just have to visit the https://www.cibil.com website and create an account by entering your PAN number, name, date of birth, and mobile number. After this, you can download your free CIBIL report by answering some security questions.

These things will be known in the report.

How many loans have been taken in your name so far? Which bank or institution has given the loan? On which date does the loan start? How much has been taken? How many EMIs are pending or have been completed?

How to get rid of it?

If you see any suspicious loans in your report, then first contact the bank or finance company that has given that loan. Complain to them in writing and tell them that you have not taken this loan. Also, you can inform CIBIL about this mistake. By visiting the CIBIL website, you can choose the option of raising a dispute. After this, your report is re-checked and if the loan is found to be fake, it can be cancelled.

What is the solution?

Never give a copy of your PAN card to anyone without reason. Do not save the photo of the PAN in your mobile. While doing KYC, fill the details only on trusted apps or websites. Keep checking your credit report from time to time.

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