South Africa
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.​