The National Insurance Institute is at your side during your life, from birth to advanced age, granting you a variety of social rights adapted to changing life situations. Further information...
The National Insurance Institute is responsible for the social security of Israeli residents. Its primary mission is to ensure means of subsistence for those unable to earn their living. Further information...
The National Insurance Institute collects insurance contributions from all residents according to their social background and status, and pays benefits to those entitled. Hence, the income of economically established groups is transferred to weak and vulnerable groups and, thereby, the National Insurance Institute contributes to a more equitable distribution of national income and the reduction of dimensions of poverty. Further information...
Further information...
period of use of vehicleNumber of months since the day of registration of the vehicle – for which the standing loan was given – in one's name, and the day that the vehicle was replaced by a new one.
Rate of depreciation on the repaid amount of the standing loan
12 months
20%
24 months
30%
27 months
32.5%
30 months
35%
33 months
37.5%
36 months
40%
39 months
42.5%
42 months
45%
45 months
47.5%
48 months
50%
52 months
52.5%
56 months
55%
60 months
57.5%
64 months
60%
68 months
62.5%
72 months
65%
76 months
67.5%
80 months
70%
84 months
72.5%
88 months
75%
92 months
77.5%
8 years
80%
9 years
85%
10 or more years
90%
Comment: The rate of depreciation is reduced by 0.8% for each month beyond the 6 months during which the person with limited mobility did not use the vehicle.