How To Get Loan From Bank

Flexible terms. Affordable rates. Just two ways we can help you make that special purchase or help you cover unanticipated expenses. Our personal loans offer a choice of convenient payment methods, flexible terms and competitive rates. View our loan options below to find the solution that's right for you.

  • Installment Loans

    When you need to borrow a specific amount of money for something you need right now, an installment loan from us is the right loan for you. Repay your loan with consistent, regular monthly payments over a set period. Great for the purchase of a new or used car, home project, debt consolidation and more.

  • Lines of Credit

    A line of credit from ACB. provides you with a set spending limit you can use as you need it. It's a great way to manage unanticipated expenses and emergencies. Use all or portions of the total credit limit and then pay interest only on what you borrow. Flexible, on-demand access to funds.

  • Personal Credit Cards

    We make it easy for you to choose a card that fits your lifestyle. Whether you're looking to earn cash rewards for everyday purchases or you want the flexibility of low interest rates to manage debt, we've got you covered. Use your ACB. SmartCashSM Credit Card1 to make everyday purchases and watch the rewards add up.

  • Smart Option Student Loan

    We have partnered with SaillieMea to bring you a student loan option with competitive rates, low fees, and flexible repayment options, whether you’re an undergraduate, graduate, or parent—we have options to meet your specific needs

  • Growth for Startups

    Does your company need a push to move from start-up to the next phase of development? Do you require additional working capital to help you during a period of rapid growth? A variety of financing options can help you get there.

  • Neutralize Volatility

    Finding the right mix of floating and long-term interest rates to fund growth or retire debt can neutralize interest rate volatility. One option is an interest rate swap.

  • Try and get pre approved

    A loan pre-approval shows your seriousness about making a purchase, which makes negotiations with vendors and real estate agents easier. Most real estate agents prefer going forward with a buyer who already has a pre-approval.


    • Understand the reasons for rejection

    Check with the lender on the reason for declining your application. Usually, banks look at your credit score to determine your ability to pay back and your past financial habits or patterns, including any loan applications that were rejected or approved.
    Too many existing loans under your name could also affect your ability to get a new one as it increases your debt service ratio (DSR). If you exceed the lender’s DSR upper thresholds, then chances are your application will be declined.
    It’s important to know that past rejections of loan applications contribute negatively to your overall score – so it’s best to strategise your next loan applications wisely.

    • Take steps to fix the problems

    Once you know the reason for the loan rejection, you can start building credit trust. Issues such as late payments can give a bad impression to lenders and might impact your future application. So try your best to pay your credit card bills, car loan and other on time – one way to do it is by setting a payment reminder on your smartphone.

    • Take advantage of government schemes

    Some forms of government assistance could ease the difficulty of obtaining a loan. If you’re applying for a housing loan, take note the numerous assistance available to you such as the Rent-to-Own scheme.