How do I settle my Absa vehicle finance balance?
There are several ways to pay your AVAF account:
- By debit order.
- Logon to Absa Online Banking or the Banking App and use electronic funds transfer (EFT)
- Go to your nearest branch or Absa ATM and do an inter-account transfer.
- Pay a beneficiary from another bank.
- Deposit cash at an Absa branch using a deposit slip.
How do I contact Absa vehicle finance payment arrangements?
Who can I contact if I have queries? Contact your dealership or branch consultant directly, or call 0860 669 669.
How do I find out my settlement figure on my car?
By law your lender has to post a settlement figure to you within 12 days – usually it will arrive straight away via email or in the post. It must be a letter headed official document. Sometimes you may have an online portal where you can log in to view your outstanding loan amount.
How is vehicle settlement calculated?
If your finance agreement is less than R250,000 then the settlement amount will generally be your current outstanding capital balance plus daily interest.
absa vehicle settlement
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