In today 's time, both the need and importance of PAN cards have increased a lot. Without a PAN card, none of your financial work can be completed. PAN number is required in all financial activities like bank accounts, credit cards, bank loans, mutual funds, and share trading. If you do not have a PAN number, then all your important work can get stuck. If you have a PAN card, then you should use your PAN number very carefully. The Income Tax Department keeps issuing warnings regarding the misuse of PAN.

Negligence can have very harmful consequences

.It is usually seen that people are very careless about their PAN number and share their PAN number with anyone. The result of being careless with the PAN number can be so harmful that you cannot even imagine. Actually, cybercriminals can take thCyberloans, credit cards etc. just by using your PAN number, ,the liability of which will fall directly on you.

You will have to pay the loan and credit card bill

Suppose you shared your PAN number with someone and he misused your PAN number and took a loan in your name, then in such a situation you will have to repay that loan. Si,milarly, if someone gets a credit card issued using your PAN number, then you will have to pay the bill of this credit card. This is the reasfor why you should use your PAN very carefully.

The use of PAN will be detected while checking credit score

I.f you also want to know how many loans are running from your PAN card or how many credit cards have been issued, then it can be found out through CIBIL. Therefore, financial experts recommend checking CIBIL or credit score from time to time. By checking CIBIL from time to time, you will get to know how many loans and credit cards are running from your PAN number. 

File a complaint immediately without any delay

I.f you find any kind of fake loan or credit card in your credit report, you should immediately lodge a complaint without any delay. complainin about the misuse of your PAN number to the police as well as your bank and income tax department. Keep in mind that the more you delay in filing a complaint, the more trouble you will get into.