How to Check an Active Loan on a PAN Card?

Your PAN card plays a vital role in tracking all your financial activities, including personal and gold loans. If you’ve taken multiple loans, it’s essential to monitor them regularly to manage your finances effectively and maintain a strong credit profile. By checking your active loans, you can plan your repayments better, avoid missed EMIs, and protect your overall credit health.

Table of Content

• Check Your Active Loan on a PAN Card Using CIBIL Score
• Check Your Active Loan on a PAN Card Using Experian Score
• How to Check Active Loans on Your PAN Card Using Equifax?
• Reason to Check Active Loans on Your PAN Card

Staying updated helps you manage your money wisely and avoid unexpected liabilities. Here’s more information on how to check a loan on a PAN card and why it’s crucial to review active loans from time to time.

Check Your Active Loan on a PAN Card Using CIBIL Score

To view your CIBIL score, follow these simple steps: -

• Visit the official CIBIL website.
• Click on “Get Free CIBIL Score & Report.”
• If you’re a new user, create an account by entering your personal details, such as your name, PAN card number, and date of birth, then click Continue.
• Enter the OTP sent to your registered mobile number and email address for verification.
• Once verified, you’ll be redirected to your CIBIL dashboard, where your score will be displayed.

Your dashboard shows your CIBIL score and loan, along with information about your credit accounts, employment, and repayment history. You can also download your report free of cost to analyse your financial standing.

Check Your Active Loan on a PAN Card Using Experian Score

To check your credit score on Experian, here’s what you need to do: -

• Go to the Experian website and click on “Get your Credit Report.”
• Enter your mobile number and verify it using the OTP.
• On the next screen, provide your personal and financial details, such as your name, email ID, date of birth, PAN card number, address, and PIN code.
• Accept the terms and conditions and click “Get Report.”

Your Experian report will display your score and a breakdown of the factors affecting it, such as your repayment history and credit utilisation. Both CIBIL and Experian also allow you to raise disputes if you find any discrepancies in your credit report.

Many third-party applications also provide instant access to your CIBIL score and Experian score in one place. However, while checking your personal loan or credit details through such platforms, always use verified and secure websites to avoid data misuse.

Suggested Read: How to Reactivate a Deactivated PAN Card: Procedure and Documents Required?

How to Check Active Loans on Your PAN Card Using Equifax?

If you are wondering “how to check all my loan details”, Equifax can be another reliable option. It is a recognised credit bureau that provides a detailed credit report based on your financial history. You can usually access your Equifax report for free once every year.

To check your active loans through Equifax, follow these steps:

• Visit the Equifax website.
• Sign up as a new user or log in if you already have an account.
• Enter your personal information, including your name, address, PAN card number, and date of birth.
• Request your credit report to view your credit history.

Your Equifax report will show detailed information about your loans, including the loan type, outstanding balance, repayment history, and current status.

Keep in mind that Equifax reports are generated based on the data linked to your credit accounts and personal details. While your PAN card helps identify your financial activity, the report itself reflects all loans and credit accounts tied to your name and registered information.

Reason to Check Active Loans on Your PAN Card

The first step to safeguarding your credit score and improving your chances of getting a loan with better terms is knowing how many loans are currently active in your name. Apart from this, there are several other important reasons why you should regularly check active loans linked to your PAN card:

Protect Yourself from Loan Frauds and Identity Theft

Your PAN card is often the target of scam cases. Fraudsters can misuse your PAN details to take loans in your name without your knowledge. By keeping track of active loans linked to your PAN, you can easily detect any suspicious activity or unauthorised loans before they cause damage.

Better Financial Planning

When you have multiple loans, keeping track of all EMIs and outstanding amounts can get confusing. Checking your active loans helps you get a clear picture of your total liabilities. This allows you to plan your monthly budget wisely, manage repayments efficiently, and avoid unnecessary financial stress.

Maintain a Healthy Credit Score

Your repayment behaviour directly influences your credit score. If there’s a default on any loan you’re unaware of, your credit score could drop significantly. A low score can make it difficult to get loans or credit cards in the future. Regularly reviewing your active loans ensures there are no hidden defaults or discrepancies that could affect your score.

Identify and Correct Reporting Errors

Sometimes, lenders may mistakenly report incorrect details, such as showing a closed loan as active or delaying updates. These errors can stay on your record if not noticed in time. By checking your active loans, you can catch such mistakes early and raise a dispute with the lender or credit bureau to get them corrected.

Suggested Read: Mistakes to Avoid on PAN Card Application

In today’s digital era, where financial scams are becoming increasingly common, staying vigilant about your credit activity is essential. Regularly checking your loans and credit reports helps you maintain financial transparency and security. Whether it’s your personal loan, gold loan, or any other type of credit, monitoring it through your PAN card ensures peace of mind and long-term credit health.