Instant Loan against Fixed Deposit
ABA Bank offers Instant Loan against Fixed Deposit in ABA Mobile app for those who needs emergency cash without breaking their Fixed Deposit and losing the accrued interest.
The loan is provided on easy terms and conditions with no processing fee, no document submission and instant loan approval!
|Supported currency||USD, KHR|
|Collateral type||ABA Fixed Deposit1|
|Loan amount||Up to 90% of the amount in Fixed Deposit account (maximum USD 5,000 / KHR 20 million)|
|Loan term||Based on the due date of the ABA Fixed Deposit used as loan collateral|
|Settlement term||Any time before the due date of your Fixed Deposit used as loan collateral|
|Interest rate (p.a.)||3% above the interest rate of the Fixed Deposit used as loan collateral|
|Loan processing fee||Free|
|Early loan repayment fee||Free|
1 Except joint Fixed Deposit.
How to get Instant Loan Against Fixed Deposit?
- Launch ABA Mobile app and tap “Loans” button on the main screen
- Select Fixed Deposit1 which will be used as a collateral for the Instant Loan.
- Enter the loan amount2 that can go as high as 90% of the Fixed Deposit amount and tap “GET LOAN” button.
- Confirm the loan request with ABA Mobile 4-digit PIN, after which the loan will be instantly issued. Here, you can also download the loan agreement for your convenience.
1 If you have one Fixed Deposit account only, it will be automatically selected. If you have more than one Fixed Deposit, you should select one of them to continue the loan issuance process. If you don’t have a Fixed Deposit, you can create one easily right in the app.
2 The amount of loan you can borrow is up to 90% of the amount of your Fixed Deposit or maximum USD 5,000 / KHR 20 million.
All ABA Mobile app users above 18 years old with at least one active Fixed Deposit account (except joint Fixed Deposit).
How to open ABA account
Visit your nearest ABA branch and meet our Relationship Manager or give us a call at 023 225 333 to make an appointment with our Customer Acquisition Officer (CAO) who will meet you at your premise.
How to get ABA Mobile App
Click the icon below to download the application from Apple's App store or Google Play Store. After downloading, simply follow the screen instructions to start mobile banking!
Terms and conditions are subject to change without prior notice to customers. For more information on the Instant Mobile Loan, visit your nearest ABA Bank branch, our website www.ababank.com or call our hotline at 023 225 333 available 24/7 for you.
- Instant access to emergency cash from the Bank
- Attractive interest rate
- No processing fees
- No penalty for early loan repayment
- Make repayment anytime and pay interest only for days you borrowed