Have you ever noticed that a loan is visible on your PAN card, which you had either taken or never applied for? Sometimes you may have repaid the loan, but its record may still remain in your credit profile. It is not just a matter of numbers, but it can have an impact on your credit score and ability to take loans in future. Banks or other lenders may reject your loan or charge higher interest rates based on this information. Therefore, it is important that you check the loan and credit details on your PAN card from time to time. This helps in detecting any mistake or fraud quickly and your financial records always remain correct. You can check loan details on PAN card online even sitting at home. Can keep them correct and updated.
Why is it important to check active loan on PAN card?
If someone is taking a loan in your name, you will know immediately. By doing this it becomes possible to take the right decision according to your budget and savings. Incorrect or unused loan records can harm your credit score. Any misreporting or data errors can be corrected in time. Another thing that is also important is that it helps in timely detecting any future legal problems due to wrong loan reporting. Regularly checking your loan information on PAN card is very important for your financial security and future plans.
Step by Step Method – 1
Use credit bureau websites. Whenever you apply for a loan or credit card, lenders report to the credit bureaus. Credit bureaus provide a detailed account of all your current and past credit records.
TransUnion CIBIL
Visit the official website.
Enter PAN and contact number for login.
Verify by entering OTP.
Click on “Get Free CIBIL Score”.
In the Accounts section, you can see information about your active loans, lenders and their status.
Experian
Go to the website and click on “Free Credit Score”.
Fill the required details and verify with OTP.
Accept the Terms and click on “Get Report”.
View information on active loans, lenders, balance and status in the Credit Accounts section.
Equifax
Visit the website and select Personal or Business Credit Report.
Login with email and password.
Download the report and view details of active loans, loan type, balance etc.
CRIF High Mark
Visit the website and enter your name, PAN number and contact details.
Answer the security questions to login.
Select the Free Report option. If authentication is successful, the report will be sent to your email.
Download the report and view all active loan information in the Accounts section.
Step by step method – 2
You can also find out by using fintech mobile apps and online platforms. This process varies from app to app, but you can check active loan on PAN card through fintech app in the following ways:
1. Install a trusted app.
2. Provide KYC details to verify and sign up.
3. Most apps have a dedicated platform to check active loans, so you can easily review and manage each loan.
Pro Tip – Make sure you choose a trusted app to avoid fraud and identity theft.
Step by Step Method – 3
Check loan on PAN card directly from your lender i.e. bank or financial institution:
Through mobile app or net banking
Login to your lender’s loan app or net banking portal.
View your active loan information by going to the Account section.
If there is an active loan, check its type, EMI due, outstanding balance and next due date.
Go to the bank’s website
Login to your account on the bank’s website.
There is a special section available on the website to check active loans and repayment status.
Contact the bank directly
Call customer support or visit the nearest branch.
Before sharing the information, you will have to provide your PAN number and other important details.
Review Loan Statement
Check the loan statement sent by the bank (post or email).
The statement provides a complete record of all your payments, loan tenure and outstanding balance.
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