Monthly deposit savings plan

Deposit small amounts every month, and they will accumulate into a single amount at the end of the period

A monthly payment savings plan with maturities of 3, 5 or 18 years, with an optional withdrawal of funds (in whole or in part) prior to maturity. The savings plan can be US dollar or index-linked or it can be completely un-linked. Monthly deposits may range from 100 to 10,000 NIS.

Who is it for?

  • Those interested in saving a fixed monthly amount for a specific goal (such as a bar-mitzvah, wedding or vacation).
  • Those interested in saving a small amount of money that will not burden their monthly expenses, and accumulate into a large sum till the day you need it.

Why is it worth it?

  • You can save for various goals, such as a family vacation, school tuition or a wedding, by making small monthly deposits.
  • You can increase or decrease the monthly deposit amount throughout the plan term, without limitation and at no cost.
  • You can change the date of monthly deposit throughout the plan term, without any limitation and at no cost.
  • You can withdraw your funds (in whole or in part) prior to maturity at various exit dates.
  • You can preserve the value of your money through a CPI-linked savings plan.​

Get ahead

Monthly deposit savings plan, for costumers of all banks

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