How to Check Your Loan Status on PAN Card?

Updated on: 29 Aug 2024

Knowing how to check active loans on a PAN card for free is crucial to safeguarding your finances. This simple act helps track your active loans and monitor your profile for any suspicious activity. Today, you can access credit with just your PAN and this has some implications.

For one, getting a loan is quicker. However, it has also given rise to instances where fraudsters avail a loan under your name using your PAN details. Therefore, you must generate a credit report periodically to know how many loans are active in your name. This way, you can take the right steps to report such PAN card frauds and save from misuse of your private information.

So, if you’re wondering ’How to check all my loan details by PAN number?’, read on.

What is PAN Card Fraud or Misuse?

Any instance where your PAN information is used to forge your identity or get access to your accounts is PAN card fraud. These criminal activities have become more common since government regulation of linking Aadhaar numbers with PAN cards and bank accounts.

Some ways fraudsters may misuse your PAN card for fraud are:

They may apply for loans in your name
They may rent hotels or vehicles with your identity
They may use your PAN card for verification when opening a bank account
They may apply for VISA verification with your PAN card as identity proof
They may withdraw or transfer funds from your bank account using the PAN details

How to Check Active Loans on a PAN Card

Here are some ways to track all your active loans to ensure there are no fraudulent loans in your name.

On the Credit Bureau Website

By registering on one of the four Indian credit bureau websites, you can check your number of active loans with a PAN card. Here are the steps you can follow to do so:

Step 1: Visit the credit bureau’s official website
Step 2: Register with your name, PAN card, address proof, mobile number, etc
Step 3: Enter the OTP received on your registered mobile number
Step 4: Check the active loans on your profile

If you have already registered, you can log in directly to check the number of active loans.

By Visiting the Lender

You can directly contact the lender to check your loan’s status. For this, you may visit the nearest branch physically, email them or call the customer service executive. The executive will ask for your identity proof and loan details to confirm your loan account.

Thus, keep the following details with you:

Your bank account number
Your full name
PAN card number
Loan account number
Other ID proof
OTP for verification

On Fintech Mobile Apps

Many fintech platforms let you check your credit score and generate a report effortlessly with your PAN card and other basic details.

How to Get a Credit Report

Another way to verify any active loans using a PAN Card is by generating an online credit report. One option is the CIBIL report, and here are the steps to follow:

Step 1: Visit the official CIBIL website
Step 2: Click on the ‘GET FREE CIBIL SCORE & REPORT’ tab
Step 3: Enter personal details, such as PAN card, email address, first name, date of birth, ID, mobile number, etc
Step 4: Click on ‘Accept and Continue’, choose the free plan and access your report from the dashboard

Also Read: How to read a CIBIL Report?

If you detect any suspicious activity with your PAN information or notice a drop in your credit score due to an unauthorised transaction, report the incident to the concerned authorities immediately.

Having a good credit score is important for many reasons, one being that it grants easy access to credit. Staying updated is key and one option you can rely on is the Fibe Credit Score Analyser tool. It allows you to check the areas of improvement and assess the factors influencing your score.

If you have a low credit score or no score but need funds for urgent financial requirements, apply for the Fibe Instant Cash Loan. Based on your profile, you can avail of up to ₹5 lakhs at affordable interest rates. With flexible tenure and no pre-closure charges, this can also help boost your credit score. Download the Personal Loan App or visit our website to get started!

FAQs on Checking Loan Status Using a PAN Card

How do you check if someone has availed of a loan in your name?

The easiest way to check for such activity is to review your credit report. Doing so every few months will keep you informed of such occurrences as they happen.

Alternatively, pay attention to emails or other notices from lenders that provide information about active loans. You can always reach out to the lender and inquire about the same.

How do I check a fake loan on my PAN card?

To check active loans on a PAN card, generate a credit report. Read it to see if there are any unauthorised loans in your name linked to your PAN card.