Are other sums of money deposited into the savings plan?


Children born before 1.1.2017

When the child turns 18, a one-time grant of NIS 582 .

Besides, if the child does not withdraw the savings money until his 21rst birthday, an additional grant of NIS 582 is deposited into the savings when he turns 21.

Children born after 1.1.2017 

They will receive a grant of NIS 291 at age 3, and NIS 291 at age of Bar Mitsva or Bat Mitsva (13 years old for boys and 12 for girls).

Moreover, if the child does not withdraw savings money until the age of 21, another grant of NIS 582 will be deposited on his 21st birthday.

as of Jan 01, 2026