When you have a savings account with your bank you can apply for a passbook loan. This is a small loan using your account as collateral.
The loan is very easy to get. The risk to the bank is zero because they have the funds on your savings account anyway. Usually they charge an interest rate of maybe 3 percent above the rate you receive on your savings.
The money on your account keeps earning interest in the mean time. As you repay the loan you will have access to these funds again.
Some banks report this loan to the credit bureaus. In that case it will help building your credit history.
Don't just assume your bank will do this. Ask them about it!
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