Carambola (Star Fruit) Deposit

Index-linkage or fixed interest? Carambola deposit invests in two ways simultaneously, and at the end of the period chooses the more profitable one for you

Deposit terms


Period - 3 years
Linkage - Unlinked/ Index-linked shekel deposit
Withdrawal options - On every business day, only after one month has passed from depositing 
Interest rate type - Dual-track
Minimal deposit amount - NIS 50,000
Maximal deposit amount - NIS 1,000,000

 



Deposit Terms 

Cannot decide which track to invest in? Let Carambola choose for you!
Carambola deposit is offered for a period of 3 years, at the end of which it chooses the more profitable track out of 2 tracks as follows:

  • Unlinked shekel track plus fixed annual interest
  • Interest free Consumer Price Index-linked track

And what if I want to withdraw the money before the deposit period ends?
The deposit allows for an exit station on every business day, only after one month has passed from depositing.
When withdrawing funds prior to the repayment date, linkage will be made to the consumer price index only - with no interest and without securing the nominal deposit principal.

How do I make the deposit?

  • Leave us your details
  • Chat with us / WhatsApp
  • Call our investment professionals at *8860
  • Approach your nearest branch

When contacting us, please specify the deposit's name - "Carambola Deposit", and the deposit type - 130



Clarifications

  • The interest is calculated as an annual compound interest 
  • This inquiry shall not be considered investment advise
  •  The deposit is designated to private banking clients only 
  • The binding details of the offer are in accordance with and subject to the terms of deposits 
  • Tax will be duly deducted
  • The bank may change the terms at any time, thus with no advance notice
  • The aforesaid is solely informative, and by no means constitutes an offer to receive deposits    


How to contact us?
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