Every citizen living in India should have many important documents. Among them, things like Aadhaar card, voter card, driving license, ration card, passport and PAN card are prominent. Of these, PAN card is considered a very important document. PAN card has become mandatory in every work ranging from banking to income tax return.
But do you know that submitting a copy of PAN card everywhere can prove to be dangerous for you? This can not only leak your personal information, but your bank account can also be empty. Let’s know the complete details about this.
PAN card can cause fraud
PAN card is a very important means of financial transactions. Whenever you open an account in the bank, take a loan or do the work related to income tax, a copy of the PAN card is sought. But many times people give a copy of PAN card anywhere without thinking, which can later become a big trouble.
If a fraudster gets the details of your PAN card, then he can misuse it. A fake loan can be taken in your name or money can also be blowing from your bank account.
Keep special attention here
Whenever you submit a copy of the PAN card somewhere, make sure that the institution or place is reliable. It would be better if you have ‘only for’ photocopy of PAN card [Institution Name] Write a watermark like purpose ‘. This will not be able to misuse that copy.
Also, do not share your PAN details to an unknown website or person. Take care when uploading PAN cards on digital platforms as well.
Find the fraud like this
Nowadays, many thugs misuse the PAN card and take a loan in your name, which you do not even know. It is necessary to check your credit score from time to time to detect such fraud.
You can get information about loans and credit activity related to your PAN card by visiting the website of CIBIL or other Credit Bureau. If there is a loan that you have not taken, then complain about it immediately.
Why is it necessary to check credit score?
If a fake loan has been taken from your PAN card and you did not find out on time, it can spoil your credit score. Due to poor credit score, you may also have difficulty in taking loans in future. Therefore, it is very important to keep checking credit report from time to time.
What to do if fake loans are detected?
If you find out that your PAN card has been misused, then immediately file a complaint in the concerned bank or financial institution. Also report in cybercrime cell.
Apart from this, in your credit report, you can register a dispute with that fake loan, so that your credibility is not damaged.
conclusion
PAN card is an important document, so it is your responsibility to protect it. Giving a copy of PAN card everywhere can be risky. Take care, give the details of PAN card in the right place and keep checking your credit report from time to time. By being cautious, you can protect yourself from great trouble.
