Getting to know the app
1 Dec 2020
VAF: Settle your car loan online
Get a settlement quote. Pay-off your car loan. It is that easy!
Step 1 of 9
From your home screen, select your Vehicle asset finance account (car loan account) tile.
Step 2 of 9
If you’re interested in finding out how much it would cost to settle your loan, select GET SETTLEMENT QUOTE under Pay off your loan.
Step 3 of 9
Your settlement amount will be now displayed, and a settlement quote will be automatically emailed to your email address. This quote will only be valid for 5 working days.
Next, to pay off your car loan select START SETTLEMENT.
Step 4 of 9
See the list of actions that you need to perform to settle your car loan.
When you are ready, tap NEXT to proceed.
Step 5 of 9
Choose whether you’d like to collect your original documents or arrange for them to be delivered to you.
Then tap NEXT to proceed.
Step 6 of 9
Your Standard Bank Vehicle and Asset Finance account (car loan) details and the settlement amount payable will be pre-populated.
Choose the account from which you want to make the payment. Don’t forget to ensure that your EAP limit is high enough to allow the payment to go through.
Fill in your payment reference details and payment confirmation preference.
When you're ready, select REVIEW.
Step 7 of 9
Make sure all the payment details are correct, then select CONFIRM.
Step 8 of 9
Enter the One Time Pin (OTP) that is sent to your cellphone number or email address.
Step 9 of 9
A message will appear confirming a successful payment.
Note: the payment will reflect after 2 to 5 day and your VAF tile will then reflect a R0.00 balance.
All done! Tap DONE to return to the payments screen.
