The FINANCIAL — In light of the security situation, Bank Leumi has decided to offer citizens residing in Southern Israel a special "organization loan", of up to 30,000 NIS, for a period of 60 months, with a postponement of 3 months until the first payment, and with a low interest rate of prime + 0.5% only.
As Leumi Group reported, the loan is exempt from credit handling fees and early redemption fees.
Small businesses can enjoy a bridge loan of up to 100,000 NIS, for a period of 12 months, with an option to postpone the fund return for 2 months, at an interest rate of prime + 2%.
Leumi customers can execute these loans through a designated call center (*5521), which has been especially reinforced in order to assist customers in the south, whose bank branches have been closed due to the instruction of the security forces.
'Leumi Card' is also offering a special loan to small businesses, at an interest rate of prime only, with an exemption from interest payment during the first two months.