Provident fund
You can choose to invest savings money in one of the provident funds preselected by the Ministry of Finance, as well as to select one of the 5 investment plans offered by the funds. Please note, you may switch to another investment plan at any time. Each plan has a different investment policy as to how the money is invested, depending on the plan's risk level.
Bank
The money deposited in a bank will be saved under a savings plan according to the interests rate offered by each of the banks preselected by the Ministry of Finance. In every bank you can choose to save savings money in one of the 3 plans offered by each bank, in two categories of savings: Savings without exit windows, or savings with exit windows every 5 years. The parent who selected a plan with exit windows may change the savings plan in all exit windows as mentioned above.