How to remove AMLOCK from pan report

Question

► Hi Team, I had taken from the nbfc app but one of my friend had paid the loan penalty from the bank funds as my friend is working in Bank he used bank funds and paid the penalty later the bank which my friend is working reported the TXN as fraud , and loan is closed after i cleared the dues. But the payment gateway team while processing the refund saying the AMLOCK in my pan and unable to process my refund,i have not received any police complaint or case or fir till now but how to remove AMLOCK report from my pan.I have not received any communication from my bank where AMLOCK is reported.

Answer 1

Dear Client,

In case you have been notified by the payment gateway that there is an AMLOCK on your PAN, it would be better to ask them in writing for the authority/database they are considering and also for the reason behind such restriction. In addition, since you have not got any FIR, police notice, or any communication from your bank regarding the issue, it would be wise to also approach your bank and concerned NBFC in writing asking about the fraud transaction report and if there is any such restriction on your PAN. In case the restriction has come up due to some fraudulent activity done by your friend using bank money, then the bank could be looking into this transaction, and you might have to resolve the issue with concerned bank or investigating agency.

I hope this helps and if you have any further issues do not hesitate to contact us.

How to remove AMLOCK from pan report

1 Answer