Your cookie choices

We use necessary cookies to make this site work. With your permission, analytics cookies help us understand usage and marketing cookies support advertising.

You can reject non-essential cookies and still use the site. Change your choices anytime in Cookie settings.

Cookie settingsCookie policy

First Capital Bank Mocambique review

Updated September 28, 2026 · SumCue Editorial Team · Facts checked September 26, 2026

We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. Partners with a live offer in your country come first, then every other brand by score.

Our verdict

First Capital Bank Mozambique pairs an easy-access savings account with a debit card charging a monthly fee of MZN 0 and a fixed-rate loan for public sector staff. Civil servants can borrow up to MZN 2,000,000 at a rate of 2.92% to 3.75% over 6 to 84.

Key facts

Best for
Easy-access saving in Mozambique with a no monthly fee debit card, plus fixed-rate credit for public sector employees.
Rate type
Fixed↗
Term
6 to 84 months↗
Access terms
Flexible savings account for saving, with convenience and flexibility for everyday banking needs↗
Monthly fee
MZN 0↗
Account kind
Easy access↗
Legal entity
First Capital Bank SA↗
Headquarters
Mozambique↗
Founded
2013↗
Support channels
Phone, Help-centre↗
Pricing model
Fixed rate
Official website
firstcapitalbank.co.mz

Loans

APR
2.92% to 3.75%↗
Loan amount
up to MZN 2,000,000↗
Arrangement fee
12% administrative fee↗
Funding time
24 to 72 business hours↗
Representative example
Credit for Civil Servants: MZN 50,000.00 over 84 months at a fixed monthly interest rate of 2.92%, monthly installment 1,757.98 MZN↗
Lender type
Direct lender↗
Eligibility
Public sector employees; NUIT, national ID or passport, recent original salary slip, three months of salary bank statements, proof of residence and salary declaration required↗
Origination fee (%)
12%↗
Loan types
Personal↗

Debit cards

Currency conversion fee
2.5%↗
Card type
Debit↗
Card network
Visa↗

Facts checked September 26, 2026, 7 sources

Apps and profiles

Elsewhere
LinkedIn

Pros and cons

Pros

  • The savings account is easy access and described as flexible, so money stays available for everyday banking needs.
  • The debit card has a monthly fee of MZN 0 and runs on the visa network, so holding it adds nothing to your outgoings.
  • The civil servant loan comes direct from the bank as a personal loan at a fixed rate of 2.92% to 3.75%, with funds in 24 to 72 business hours.
  • First Capital Bank SA has traded in MZ since 2013, giving the account a settled local base.

Cons

  • The civil servant credit adds a 12% administrative fee on top of the fixed interest, which lifts the cost of a up to MZN 2,000,000 loan.
  • Eligibility is narrow: the credit is for public sector employees only, and the paperwork runs to a tax number or passport, a salary slip, salary bank statements, proof of residence and a salary declaration.
  • Support runs on phone and help centre only, so questions go to a phone line or a help centre.
First Capital Bank Mocambique

Ready to try First Capital Bank Mocambique?

Scored 8.6 / 10 by SumCue.

See alternatives

Who it suits

  • Public sector employees in Mozambique who can produce a tax number or passport, a salary slip, salary statements, proof of residence and a salary declaration.
  • Savers who want cash on hand rather than a locked term, since the account is easy access and the monthly fee is MZN 0.
  • People who bank locally, pairing savings with a debit card on the visa network for everyday payments.

Who should look elsewhere

  • Anyone outside the public sector, since the personal credit is reserved for civil servants who meet the document list.
  • Savers who want to lock money away for a term, since this is an easy access account built around flexibility.
  • Frequent spenders abroad, since currency conversion on the debit card is charged at 2.5%.

How First Capital Bank Mocambique compares

Where First Capital Bank Mocambique is available

Available
Mozambique

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

What kind of savings account does First Capital Bank Mozambique offer?+

It is an easy access account, so you set aside money and draw on it whenever needed rather than committing to a term. The bank describes the savings account as flexible, with convenience and flexibility for everyday banking needs. A debit card sits alongside it for day to day spending.

What does the debit card cost to hold and to use abroad?+

The monthly fee on the card is MZN 0, and it is a debit card on the visa network, so holding it adds nothing to your outgoings. Spending outside Mozambique is where cost creeps in, because currency conversion is charged at 2.5% on each transaction.

Who can take the personal loan?+

The personal credit is aimed at public sector employees, and the bank lends directly rather than acting as a broker. Applications ask for a NUIT tax number, national ID or passport, a recent original salary slip, a run of salary bank statements, proof of residence and a salary declaration.

How much can I borrow and over what term?+

Borrowing runs to up to MZN 2,000,000 on a fixed rate basis, spread over 6 to 84. The published example prices a fixed monthly interest rate, with the instalment shown in the local currency so you can see the monthly outflow before applying.

What fees does the loan carry?+

There is a 12% administrative fee charged on the civil servant credit, on top of the fixed interest rate of 2.92% to 3.75%. Because the rate is fixed, the monthly payment is predictable, but the administrative charge adds a cost right at the start of the facility.

How quickly is a loan paid out?+

Funding takes 24 to 72 business hours once an application is approved, which is slower than the instant disbursement some lenders promise. Planning matters if the money is needed for a bill or a school fee, so the paperwork should be ready before you apply.

Who am I dealing with and where is the bank based?+

The account is held with First Capital Bank SA, a bank headquartered in Mozambique that has been trading since 2013. The same institution lends and pays out rather than passing you to a broker, so account questions and loan questions go to one place.

How do I get help with the account?+

Support runs on phone and help centre only, so a phone call or a written answer from the help centre covers most needs, and there is no live chat in the mix. Time sensitive questions go quicker by phone during Mozambique banking hours.

Sources

Compiled from 7 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Headline rate, Minimum deposit, Deposit protection.

First Capital Bank Mocambique

First Capital Bank Mocambique

Easy-access saving in Mozambique with a no monthly fee debit card, plus fixed-rate credit for public sector employees.

8.6/10See alternatives