can pan card be misused

Yes, a Permanent Account Number (PAN) card can be misused for various fraudulent activities and identity theft. Since your PAN is linked to financial activities, criminals can use its details to commit financial fraud. Common misuses include:

• Applying for loans or credit cards in your name.
• Opening bank accounts for illicit activities.
• Purchasing jewellery above a certain limit.
• Filing fraudulent tax returns.

Such misuse can severely damage your credit score, making it difficult for you to secure future credit.