Checking PAN Card misuse
A PAN (Permanent Account Number) card is one of the essential Government IDs for Indian Citizens. Individuals need to link their PAN with their Aadhaar numbers and bank accounts with the new government mandates. While this increases your convenience, the downside might cause misuse of your PAN for taking loans. You are worried about your Aadhaar, thinking is it safe to give aadhar card number. Are you concerned about PAN card fraud? Then, find out all about it with this article and avoid such situations. What Is a PAN Card Fraud? According to a 2018 survey by IndiaSpend, a maximum number of bank frauds in India have their sources with PAN and Aadhaar cards. Particularly following the government regulation of linking Aadhaar numbers with PAN cards and bank accounts, various criminal activities have become common, resulting in PAN card frauds. For instance, you need to enter your PAN for booking railway tickets. It is then displayed on the prepared chart next to your name, making it easi...