Fixed Deposit Account

Sumac Fixed Deposit Account is one of our leading investment vehicles for all those with extra cash to fix for a certain period of time in order to earn lucrative interest.


  • Deposit amount is fixed during the investment period
  • Interest rate is fixed during the investment period
  • Unbeatable & competitive interest rates
  • Funds are available on maturity
  • No maximum investment amount
  • You are informed of the interest payable at the time of opening your fixed deposit account
  • No Ledger fee / monthly charges
  • No charges for incoming transfers
  • Flexible interest repayment plans can be administered ie. monthly, quarterly, semi-annually and annually.
  • Dedicated bank officers to handle the customer’s inquiries.
  • Convenient account opening process

Deposit accounts are suitable for:

  • Customers holding funds pending asset purchase
  • Schools collecting student fees just before the term begins
  • Fund managers awaiting to make an investment
  • Corporate dividends awaiting approval for payment
  • Other similar temporary funds.


  • Original and copy of national ID.
  • Duly completed application form.
  • Minimum balance of Ksh50,000