How To Check Active Loan On PAN Card Online? A Complete Guide

Technological advancements in the financial sector have made tracking data much easier than ever before. With the help of various dedicated organisations and service providers, you can check your loan details only with a PAN card.

If you’re wondering “how to check the active loan on my name” associated with your PAN card, this comprehensive guide will walk you through the steps, providing simple yet effective methods. Whether you have a Personal Loan, Two-Wheeler Loan, or Home Loan, keeping track of all active loans is crucial for sound financial management. Read this blog to learn how to check all my loan details using a PAN number.

What is a PAN Card? 

A PAN (Permanent Account Number) card is a 10-digit alphanumeric number issued by the Income Tax Department of India. It’s a vital identification document that links all your financial transactions, including tax payments, loans, and credit card usage, under one umbrella. PAN helps lenders access your financial history when applying for loans or credit.

Guide to Check Active Loan On PAN Card Online 

Here are the various ways by which you can learn how to check active loans on a PAN card.

PAN Card Using Credit Bureau Services

Credit bureaus such as CIBIL, Equifax, and Experian compile detailed reports on individuals’ credit history, including active loans, credit cards, payment behaviour, and defaults. Here’s how to check loan on a PAN card through these bureaus-

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How it Works-

1. Visit the website of a credit bureau like CIBIL, Equifax, or Experian.
2. Input your PAN card number and other personal details as required.
3. Once authenticated, you’ll receive a credit report containing details of your active loans, their statuses, outstanding amounts, and repayment history.

Advantages-

– Detailed information about all loans linked to your PAN.

– Insights into your credit score and overall credit health.

PAN Card Using Fintech Applications 

Fintech applications have simplified how we manage our financial activities. Apps like Cred and Paytm offer users a consolidated view of loans, expenses, investments, and more by linking PAN card information. 

How it Works

1. Choose a trusted app like Cred, Paytm, or BankBazaar from the app store.
2. Register on the app and link your PAN card with your bank account(s).
3. Once linked, the app will show details of active loans associated with your PAN, including repayment schedules and outstanding balances.

Advantages

– Easy access via smartphone or computer.

– Provides a holistic view of your finances beyond just loans.

PAN Card by Contacting the Lender

In some cases, it’s best to contact the lender (NBFC or financial institution) directly for accurate loan details.

How it Works

1. Contact your lender via phone, email, or by visiting a branch.
2. Verify your identity by providing your PAN card number and any relevant documents.
3. Ask for the status, outstanding amounts, EMIs, and repayment schedules for loans linked to your PAN.

Advantages

– Direct confirmation from the source.

– You can clarify specific queries related to your loan status.

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PAN Card Using CRIF High Mark 

CRIF High Mark is one of India’s leading credit information companies. You can use their services to access your credit report and check for any active loans linked to your PAN.

How it Works-

1. Go to the official CRIF High Mark site and navigate the credit report section.
2. Fill in the form and provide your PAN card number to request your report.
3. To confirm your identity, Answer a few security questions about your credit history.
4. Once verified, you’ll receive your report via email or access it through the dashboard.

Note – As per RBI guidelines, you can access your credit report for free once a year. Reviewing it periodically helps ensure accuracy in your financial records.

Why Keeping Track of Your Active Loans On PAN Card Matters 

Knowing your active loans is not just about knowing how much you owe; it’s crucial for managing your financial health. Here’s why-

• Early Detection of Issues

Regularly checking your loan status can help detect financial problems early, such as missed EMIs or incorrect charges, allowing you to fix them before they escalate.

• Regulatory Compliance

It ensures you’re up-to-date with financial regulations, minimising the risk of legal or tax issues.

• Better Financial Management

Tracking active loans helps in budgeting, as you can monitor upcoming payments, outstanding amounts, and timeframes for repayment.

The Role of PAN Card in Loan Account Verification and Closure 

Your PAN card is an essential document during loan processing, verification, and closure. It helps lenders verify your identity, access your financial history, and assess your loan eligibility. When you close an account, the PAN ensures all records are accurately maintained.

Conclusion

Understanding the loans tied to your PAN card gives you a clear picture of your financial standing. Whether you use credit bureaus or fintech apps or prefer direct contact with lenders, managing your active loans has always been challenging. These simple steps ensure you’re in control of your financial future.

By regularly checking your loan status, you’re staying informed and empowering yourself to make smarter financial decisions. Whether managing a Two Wheeler Loan or keeping track of multiple financial commitments, using your PAN card for loan checks is essential for managing your financial life.