Head office

Consolidated Bank House, Second floor, Koinange street.
T: 0725 223 499 , 020 224 9047 , 0738 637 245

Frequently Asked Questions

Please read our FAQ before sending us a message.

What services does Sumac Microfinance Bank offer?

Sumac Microfinance Bank offers you the following Products and Services;

  • Loans
  • Savings and Current Accounts
  • Fixed Deposit Accounts
  • Forex & Currency exchange
  • Trade and asset finance
  • Insurance premium financing
Can I get a loan from Sumac even if I don't have an account with the bank yet?

Indeed one can get a loan from Sumac Microfinance Bank even if you have not banked with us yet. All we will need are banking credentials from other financial institutions to give a statement of your track record. Of course other requirements will suffice, albeit depending on what you are looking for.

How long does it take to process a loan at Sumac?

It takes about 48 hours after the submission of documents, to approve a loan at Sumac Microfinance Bank. This record time is honoured across board

Does Sumac Microfinance Bank have mobile Banking?

Yes, the bank has a reliable mobile banking platform. Our mobile banking is a fast and reliable way to perform various tasks without necessarily going to the banking hall. Some of the functionalities of this platform include transfer to M-Pesa, balance inquiry, mini-statement request among other fascinating functionalities. Simply dial *882*21# and register to access this service.

Who are Sumac's key clients?

Our clients are mainly business people whom we seek to empower for success, but we have a long list of other categories we serve as well. These include;

– Agribusiness entrepreneurs

– Farmers across the country

– SMEs

– Businesses (both large and small)

– Chamas and Investment groups

– Saccos and youth groups

– Universities, colleges and schools

Does Sumac have attractive Forex rates?

Sumac’s Forex Rates are some of the most attractive rates in the banking sector in Kenya. Visit any of our branches and get yourself a rate that is worth your while.

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