Question: What Can Be Done With PAN Number?

What can someone do with my PAN number?

If someone is able to get your xerox copy of the PAN, then also it may be misused to obtain a loan or credit card or something else in your name.

So be careful when you are signing a xerox copy of the form.

Some people may not be eligible to get loans due to bad financial records or low CIBIL score or any other reason..

Can PAN number be misused?

Beware of PAN Frauds: As a majority of transactions demand a photocopy of your PAN card, or simply quoting the Permanent Account Number, it is very easy for your information to be misused for high ticket purchases or benami property transactions.

How can I stop my PAN card misuse?

Here are a few ways you can prevent fraud.Use your PAN card only where compulsory. … Don’t fill details of birthdate or full names publicly or on insecure online portals. … Secure the original and photocopies of your PAN card. … De-link your Aadhar card from your bank accounts because it is no longer mandatory.More items…

Is PAN card safe to share?

PAN Number is not like Credit Card or Debit card number. So in terms of SAFE, yes its safe, until its given on a site, where PAN is a important/key requirement. With PAN the most accessible data is your Past Records of loans etc. But with PAN no body can access your bank account.

Can I change my PAN number?

No, you cannot change your PAN Card Number as holding of more than one PAN Card Number by individuals is illegal. But you can change all other information on your PAN Card including your name, photo etc. …

Can a lost PAN card be misused?

What to do when you lose your PAN card. Firstly do not panic if you have lost your pan card. It cannot be misused like your debit or credit card.

Can I cancel my PAN card and apply for new one?

No, one cannot cancel their PAN application and apply for a new one. Only if an assessee has been inadvertently allotted an additional PAN, can they make an application request to surrender/modify the additional one.

Can I get PAN number in 2 days?

The Permanent Account Number (PAN) is a vital proof of identity. … Still, the applicant can still obtain a PAN card in just 2 days time by applying for it on the NSDL website. You too can apply for a PAN card by filling up an application in Form 49A or Form 49AA.

Can someone hack my bank account with my PAN card?

We provide our PAN card copy to Bank as ID proof at the time of opening bank accounts. So PAN will be known by bank officials. … However there is no danger of hacking bank account with PAN details. Account can only be hacked if our ATM PIN or internet password is known.

Can PAN card be blocked?

In case, your PAN card has been wrongly blocked or deactivated, here’s what you can do to reactivate the PAN. … Write a letter to your jurisdictional Assessing Officer (AO) in the Income Tax Department (ITD) to reactivate your PAN.

Is it safe to give PAN card details to dream11?

Is it safe to upload PAN card in dream11? It is completely safe to provide PAN and bank details to Dream11 fantasy cricket.

Where is PAN card used?

If you want to know the details of your PAN Card by submitting details like PAN number, you need to visit Income Tax website. The page will display ‘Know Your Jurisdictional A.O’. You need to fill up details – PAN card number and Mobile number which is linked with your PAN card.