Top News

In today's digital age, while the Aadhaar card is essential, its misuse has also increased. Many people are unknowingly becoming victims of fraudulent loans taken out in their name. In such cases, they suddenly receive calls or notices from the bank, or their credit score drops. The good news is that you can check from the comfort of your home whether there are any loans in your name. Timely checks and complaints can save you from major trouble.

The Growing Threat of Aadhaar-Linked Fraudulent Loans
The Aadhaar card is now linked to banking, mobile connections, and government services. Because of this, fraudsters can misuse it to take out loans in your name. Often, people only find out when they receive bank recovery calls or notice a drop in their credit score. This problem is especially common for those who have shared copies or details of their Aadhaar card. Therefore, it has become crucial for every user to check their credit report regularly.

How to Check Using Credit Reports and CIBIL
The most reliable way to find out if there are any loans in your name is to check your credit report. You can download a free report from the websites of agencies like CIBIL, Experian, or Equifax. You can also use the www.cibil.com website. After entering your PAN card number, Aadhaar number, and some basic information on the website, your complete credit history will be displayed. This will show all your loans and credit cards. If you see any loan that you did not take out, then there is a problem.

How to Check Loan Status with Aadhaar and Bank Account
Many banks and NBFCs (Non-Banking Financial Companies) offer their customers the facility to view loans linked to their Aadhaar number. To do this, you need to log in to the bank's website or mobile app. After entering your Aadhaar number and completing OTP verification, you will get information about the loans linked to your name. If you see any unfamiliar loans there, it is important to contact the bank immediately. This method is considered fast and easy.

How to File a Complaint with the RBI if You Find a Fraudulent Loan
If you find any fraudulent loans in your credit report, don't delay. You can register your complaint on the official portal of the Reserve Bank of India (RBI) at https://sachet.rbi.org.in. Here you can fill in all the details of the case and submit your complaint. In addition, it is essential to file a report at the nearest police station or cybercrime cell. Reporting the incident promptly can save both your credit record and your money.

Protecting your Aadhaar is crucial for protecting your money.
Sharing your Aadhaar number unnecessarily with anyone can be a major mistake. Always enter your Aadhaar-related OTP or details only on trusted websites and apps. Regularly check your credit report to detect any discrepancies immediately. In this digital age, vigilance is the best defense. A little caution can save you from significant financial losses.

Disclaimer: This content has been sourced and edited from TV9. While we have made modifications for clarity and presentation, the original content belongs to its respective authors and website. We do not claim ownership of the content.