• Staff of Public Sector
• Staff of Private Sector
• Civil and military retirees

Product Purposes

• Meet needs of clients within the targeted segment
• Expand client base by polarizing new clients
• Increase the marketing share of personal loans without mortgage
• Diversify the basket of products available to clients
• Realize additional proceeds under acceptable risk

privileges

• Diminishing Interest Rate
• Free life insurance for borrowers

• Loan Currency Shekel 
• Max Loan Value Equivalent to 80,000 US Dollars in Shekel currency 
• Max Loan Tenure, including grace period 12 years 
• Min Repayment Period One Year
• Min Age of Borrowers 18 years old 
• Max Age of Borrowers 70 years old at value date of last installment 
• Repayment Basis Monthly 
• Grace Period Max 2 months (calculated within the total period of repayment) 
• Collaterals As the case may be and under the Bank credit policy 

• Transferred salary to the Bank where acknowledgment letter to transfer the salary and benefits is required if the borrower is a private sector employee. 
• No more than 50% of the borrower’s total direct monthly deductions and no more than 100% of net income of his/her direct and indirect obligations. Loans are provided under the ceilings approved by the Bank.   
• Provide guarantor with transferred salary or free income proved accordingly.