Economy

Aadhaar Card – Protect Yourself From Financial Frauds Follow These Steps

The Aadhaar card is unlike any other document; its broad use and service connectivity have benefited India’s digitalization drive. From your PAN to your bank account, everything is connected to your Aadhaar UID, and the process, which previously needed trips to offices, can now be completed online from the comfort of your own home.

However, some people have utilised the Aadhaar and PAN card details for illicit purposes. People’s Aadhaar and PAN numbers have been accessed illegally and used to conduct financial fraud in their identities on several occasions. Illegally accessed data was used to obtain a modest loan and financing services without the knowledge of the person whose PAN and Aadhaar details were used. As a result, it’s vital to be cautious of such scams and protect your personal data. There are a few things you can do if you’re concerned about the security of your documents, such as your PAN and Aadhaar.

You should never, ever give out your Aadhaar or PAN numbers to strangers. This type of data could be utilised to conduct fraud.

  • Remember to get your Aadhaar and PAN validated at the photocopier or wherever you need them. We sometimes forget to return our ID cards, putting our personal information at risk of being misused.
    Don’t give out your Aadhaar number to websites or platforms you don’t know.
    Keep track of your CIBIL score as well as your financial transactions.
  • If you discover any odd entries in your CIBIL, call the cops right away.
  • In any case, the One Time Password supplied to your contact information should not be shared with anybody, particularly if it relates to Aadhaar, PAN, or financial transactions.

The Unique Identification Authority of India, which oversees Aadhaar, and other government organisations have released a slew of advisories aimed at ensuring the security of people’s personal data. Keep track of such actions, and contact the appropriate agencies right once if you have any concerns about how your data is being used. In such circumstances, waiting may give the fraudster enough time to use your information to conduct a crime.

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