Today, credit is important in securing financial opportunities. If you have a Loan or have applied for one, keep track of your credit obligations to avoid any surprises down the road. Many ask, "How can I check my Loan details by PAN number?"
Permanent Account Number is a distinctive identifier assigned to every taxpayer in India. It is used for tracking financial transactions and plays a significant role in tracking loans. Every Loan you take is linked to your PAN and this article answers your question ‘how to check active Loan on PAN card’.
Step 1: Visit the CIBIL website
To check the Loans linked to your PAN, visit the official CIBIL website or any other credit bureau platform. CIBIL is the major credit bureau in India that maintains a record of your credit history, including Loans.
Step 2: Sign up or log in
If you do not already have an account on the credit bureau website, you must create one. Signing up is simple and requires basic information like your name, date of birth, and PAN number. If you already have an account, simply log in to access your credit report.
Step 3: Request your credit report
Once logged in, you can request a copy of your credit report. In most circumstances, you can access your credit report for free once a year, although some bureaus may charge for additional reports. This is the most reliable solution to your question of ‘how to check all my Loan details by PAN number’.
Step 4: Review the Loan details
Once you receive your credit report, review the section that lists your Loans. You will find information on all your active Loans:
- Type of Loan (e.g., Personal Loan, Home Loan, Car Loan)
- Loan amount
- EMI amount
- Outstanding balance
- Payment status (whether the Loan is current, overdue, or settled)
Step 5: Cross-verify with your lenders
While the credit report provides a comprehensive overview, cross verifying the information with the lender(s) is always a good idea. Sometimes, discrepancies can arise, and it is important to clarify any issues. Contact your lender's customer service to confirm Loan status, balance, and payment schedule.
Step 6: Monitor regularly
A good habit is to periodically check your credit report to be on top of your financial health. Doing so ensures you know all your active Loans, outstanding debts, and credit scores. If you notice any discrepancies or unauthorized Loans, take immediate action to resolve them.
Conclusion
Knowing how to check all Loan details by PAN number is essential for maintaining financial health. By following the measures mentioned, you can easily track your active Loans and ensure that your credit report is accurate. Monitor your credit report often and act if you spot any discrepancies.
