How to test if somebody has taken mortgage utilizing your PAN card
2 min readPAN card fraud: Lender firm Indiabulls has been in information as of late because of eruption of controversies round its fintech platform Dhani Services. There have been collection of circumstances by which, PAN card holders have come to know that mortgage has been disbursed to an unknown particular person on their PAN with out asking for his or her consent. Such unhealthy loans disbursed by Dhani App usually are not getting repaid by the fraudsters. So, victims CIBIL rating is getting hit badly because of this PAN card mortgage fraud.
Speaking on how cyber criminals execute this PAN card mortgage fraud; New Delhi-based cyber crime professional Amit Dubey stated, “Dhani App and some other fintech platform are disbursing small ticket loan on mere PAN card and mobile number submission. As one’s mobile number is attached to one’s bank account, the money transfer gets done to some other bank account though PAN card is of other person. So, in the name of quick disbursal of small size loans, fintech platforms have left a loophole which is being used by online fraudsters.”
On how one can stay insulated from such PAN card fraud by such cyber criminals, Amit Dubey stated, “First and foremost, one should not share one’s PAN and Aadhaar number to unknown persons or even any known person as these documents are highly confidential. Apart from this, one should remain vigilant while sharing these documents at places where it may be misused. So, one should write the purpose of sharing photo copy of one’s PAN card and Aadhaar card and it has to be written in such a way that some part of the line comes on the picture. This will negate any chances of misuse of such frauds.”
Apart from this, he suggested PAN card holders to maintain on checking one’s mortgage particulars infrequently and one’s CIBIL rating. He stated that as of late CIBIL rating and mortgage particulars could be checked on-line by logging in on the providers of any credit score bureau similar to CIBIL, Equifax, Experian or CRIF High Mark to seek out out the small print of the loans taken towards your identify.
One can test one’s mortgage particulars by logging in at fintech corporations like Paytm and PolicyBazaar apps as properly. These fintech apps give customers CIBIL rating immediately together with one’s mortgage particulars.
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