Doubling the amount of savings


You can calculate to overall savings amount after doubling it using this calculator.

You may add another NIS 57 (as of Jan 01, 2024) each month, and double your child's savings!
 
In addition to the NIS 57 (as of Jan 01, 2024) that the NII deposits each month, you can save an additional NIS 57 (as of Jan 01, 2024) for your child from the child allowance that you receive. In this way the amount that you save will be cumulative, you will save NIS 114 (as of Jan 01, 2024) per month and.
 
Making this choice will double the sum at your child's disposal at the end of the savings period, and allow him/her to start adult life independently and more easily.
 
The additional sum will be deposited in your child's savings a month after you have made the choice.
 
You may cancel the additional sum at any stage.