Unique loan for home protection needs by Bank Mizrahi Tefahot

Bank Mizrahi Tefahot offers a unique loan for adding a security guard or shielding an existing room.

In addition to the security that a protected residential space (SCC) provides and peace of mind, adding a security guard or shielding an existing room provides an additional advantage, increasing the value of the house when it is sold in the future Mizrahi Tefahot Bank, which is attentive to the needs of its customers, as well as to the needs of the whole in matters of security, now offers a number of financing options and dedicated loans for the purpose of protecting the home, provided under favorable conditions and in a wide layout, adapted to the individual capabilities of each and every customer and taking into account expected changes in the family's life and finances.Customers who have a mortgage in Tefuh can get a dedicated loan for protection with a long spread and convenient repayments, so that the house can be protected without burdening the current expenses too much.

Do you have a mortgage at another bank? You can recycle it in Mizrachi-Tefahot, with the experts of Tefahot. Benefit from a personalized mortgage and also receive an additional credit limit to cover the protection costs. Even customers without a mortgage in Mizrachi-Tefahot, who manage their current account at the bank, can take a loan for any purpose, for a period of several years.

Dror Feldman, director of the mortgage branch at Mizrahi Tefahot Bank, stated: "The last few months have made it clear to all of us the importance of a protected space in the home and how much it saves lives. Throughout the State of Israel there are over one and a half million unprotected apartments and for those who wish to protect themselves, today there are various protection solutions that allow to upgrade, to renovate or install a protected space in their home, but these are significant costs.

We at Mizrachi Tefahot are attentive to the needs of our customers, who need an immediate solution adapted to the challenging economic reality, and we have built a solution envelope aimed at providing a solution to each and every one, in a number of flexible and unique routes, and in long-term planning of the monthly repayment I believe that the help in financing a solution for many customers who do not have a protected space at home will help them achieve this goal."

The above is for information purposes only and does not constitute an offer to grant the loan. Providing any type of credit subject to the bank's discretion. Failure to meet the repayment of the loan may result in arrears interest being charged and execution procedures.