I've recently stumbled upon news regarding the availability of loans from the pension fund in Israel. This piqued my interest, but I'm seeking more information on the practicality of this option. Can someone elaborate on the steps involved in securing such a loan? I'm curious to know if it's a viable option and if anyone has successfully taken advantage of this opportunity. Any insights or personal experiences shared would be incredibly helpful

Indeed, it is now possible to take a loan on favourable terms from a pension fund. Having explored many options, I have noticed that many non-banking financial institutions offer rates of up to 11%, while conventional loans have rates averaging between 6 and 15%. However, favourable loan terms from the pension fund are available at 3% per annum. In my opinion, these are the most favourable loan terms in Israel. And importantly, it does not affect the pension fund's savings terms. I recommend contacting them at https://zashita.co.il/kredit-iz-pensionnogo-fonda-v-izraile/ for a personalised consultation. They will help explain the details, answer all your questions, and make sure that the chosen loan option meets your expectations. Thanks to this, I was able to get the most favourable offer