Step-by-Step Guide on How to Check Active Loans on PAN Card

Many borrowers in India experience that some loans continue to reflect on their credit reports after repayment. While this doesn’t mean you’re still responsible for repayment, it certainly affects future loan applications and your credit score. Credit bureaus also treat them as ongoing liabilities.

If you are applying for a loan, lenders might reject your application or offer higher interest rates. Therefore, you must check your loan details after repayment so that you can raise a dispute with the credit card bureau before it reduces your credit score. Here is how to check the active loan on a PAN card for free.

How to Check an Active Loan on a PAN Card for Free?

Here are the methods you can use to check active loans on your PAN card:

Method 1: Check your Credit Report (Most Reliable)

The lender reports the details to a credit bureau every time you apply for a loan or credit card. Credit bureaus record your activity and maintain your credit history. If there is an active loan on your PAN card, it will reflect on our credit report. Some of the most common credit bureaus in India are:

1. TransUnion CIBIL 

• Visit the official CIBIL (TransUnion CIBIL) website. 
• Log in to your account by entering your PAN card and mobile number. 
• Verify your identity by entering the OTP you have received on your registered phone number. 
• Click on "Get Free CIBIL Score". 
• Find the accounts section that lists active loans, lenders and status. 
• If there is an active loan and you want to close, raise a dispute directly with CIBIL. 

The report comprises personal loans, home loans, car loans, credit card outstanding balances, and so on. It also shows the status of the loan (active/closed), payment history, and payments that are overdue.  

2. Experian 

• Head to the official Experian website. 
• On the home page, find and click on Free Credit Score. 
• Fill in details, such as name, mobile number, email, PAN, and DOB. 
• Experian will send you an OTP, which you must enter to verify your identity. 
• After accepting the terms, click on "Get Report" to download it. 
• Check credit accounts with active loans, name of lender, balances and status in the report. 
• Raise a dispute for the mistakes in entries directly with Experian. 

3. Equifax 

• Visit the official Equifax website. 
• On the home page, select between a personal and a business credit report. 
• Log in to your Equifax account using your email ID and password. 
• After logging in, download your credit report. 
• In the credit report, look for active loans, loan type, balance, payment record and status. 
• If there are any mistakes, dispute the errors and mistakes with Equifax. 

4. CRIF High Mark 

• Go to the CRIF High Mark website. 
• Enter your name, PAN card number, and contact details. 
• Answer a few security questions to log in. 
• Choose the free report option (one free report per year). 
• If authenticated, your report will be sent to your email. 
• After downloading the report, check the accounts section that provides details like active loan, status, lender and more. 
• Raise a dispute with CRIF using the online form if a loan appears active after repayment. 

Method 2: Check Directly With the Lender 

You can also check directly with the lender if you have availed a loan from a specific bank or NBFC and want to verify if it is active or not. Follow these steps to check active loans: 

1. Through Net Banking or Mobile App 

Banks and lenders provide an app or online platform to track your transactions. 

• Log in to your lender's mobile app. 
• Head to the account section and look for any active loans. 
• If the loan is active, analyse the loan details: 
• Type of loan 
• EMI due 
• Outstanding balance 
• Next payment date 

2. By Visiting the Lender's Website 

Some lenders have the feature of checking loan status using basic details such as PAN and mobile number. You must log in to your account using your unique credentials.  

3. Contact the Lender 

If you're still unsure, call customer care or visit the branch and ask them directly. The lender will require your PAN number and other details before sharing your loan info. 

4. Check Loan Statements 

Still receiving loan statements? Go through them. They often have details like: 

• Loan account number 
• Remaining balance 
• Interest charged 
• EMI schedule 

3. Fintech Apps and Platforms 

In India, fintech apps are growing in popularity and aren't just for processing fast payments. You can use them to see which loans are still outstanding. Here are the top apps you can use to check active loans on your PAN card for free: 

• Poonawalla Fincorp 
• Cred 
• Paytm 
• OneScore 
• LoanTap 
• Tata Capital 

Why Should You Check Active Loans on Your PAN Card? 

The first step to protecting your credit score and improving your chances of a successful loan application with a favourable term is knowing how many loans are active. Among these, here are the other reasons why you must check active loans on your PAN:  

1. Avoid Loan Frauds and Identity Theft 

Identity frauds make up 77% of loan and credit fraud in India. PAN cards are at the heart of these scams. Scammers use your PAN card details to get a loan in your name without you even being aware. You can spot these frauds and fishy loans by checking active loans on your PAN card. 

2. Planning Your Finances 

If you've taken more than one loan, it's easy to forget how much you still need to repay in total. Checking your loan details allows you to calculate all your dues, EMIs and outstanding amounts. You can use this information to repay the loan and plan your monthly budget. 

3. Maintaining Your Credit Score 

Your loan payment history affects your credit score. If your loans default and you are unaware, your credit score will decrease. This negatively impacts your ability to get loans or credit cards in the future. 

4. Spot Mistakes or Errors 

Sometimes, the bank or lender can make an error in reporting. Delayed updates or technical issues may cause some loans to remain active on your PAN even after they are settled. Checking active loans helps find the errors early and raise a dispute to fix them. 

What to Do if You Find an Unknown Loan in Your Name? 

You must raise a dispute with the credit bureaus if you spot a loan in your name that you didn't apply for. If they stay on your name for a long time, they can reduce your credit score and make it difficult to get a loan in the future. 

You must inform the respective bank or lender. Also, report a complaint to the police and get a copy of the FIR. Monitor your PAN card activity, as that's the most efficient way to guard yourself against loan fraud. 

To Conclude 

Amid the rising financial frauds, it has become essential for every borrower to keep track of the active loans in their name. If you are wondering how to check an active loan in your name, you can check it via credit bureaus, lenders, and Fintech platforms. You can download your credit report using any of the methods and check it thoroughly. If you find a loan in your name, report it to the lender and credit bureaus to remove it.  

Frequently Asked Questions 

1. Will checking my loan details using a PAN card lower my credit score? 

No, checking your credit report is considered a soft inquiry and does not affect your credit score. 

2. Can I check loan details without a mobile number linked to my PAN? 

Most platforms require a PAN card and mobile number for OTP verification, so having it linked is important. 

3. What if I don’t remember which lender gave me the loan? 

Your credit report will list all lenders associated with your PAN, helping you identify them. 

4. Can I check active loans on someone else’s PAN card? 

No, loan details are private and can only be accessed by the person to whom the PAN belongs. 

5. Is it safe to share my PAN card online for credit report checks? 

Yes, but only on trusted, official websites like CIBIL, Experian, Equifax, CRIF, or well-known apps. 

6. How to check active loan on my name? 

You can check the active loans in your name by checking your credit report, contacting the lender and checking the credit report. 

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