In our guide today, we will discuss the Absa AVAF account in South Africa.

We will first briefly explain what an AVAF account is.

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What Is An Absa AVAF Account

Absa vehicle and asset finance is a product that provides vehicle financing solutions.

The account is designed to help you finance the next car or asset you buy.

This includes repayment and leasing of products and the Islamic vehicle and asset finance option.

Now that you know what AVAF is, we will show you exactly how the account works in South Africa.

Absa AVAF Account

You get full ownership of an asset or car when you complete all payments at the end of the contracted period.

There are fixed or variable interests in the products.

The account allows you to settle the loan earlier without any penalties.

You can also opt for lower monthly repayments through a balloon payment at the end of the repayment period.

You can choose a comfortable repayment period of up to 72 months.

This is all you need to know about the Absa AVAF account in South Africa.

Now that you know how the account works, we will show you how to repay your AVAF loan.

Below are several ways to pay to your AVAF account:

We will show you how to deposit cash into your AVAF account at an Absa cash accepting ATM.

Please follow the steps below to deposit cash:

Visit an Absa ATM and select card less banking
Select scan n Pay
Choose your language
Select I understand on the disclaimer screen
After that, select a financial institution as the payment category
Next, choose Absa vehicle finance as the beneficiary
Enter your AVAF account number
Confirm the details displayed on the screen
Prepare your cash and insert it into the cash accepting slot in batches of not more than 100 notes.
Kindly onfirm the amount and select proceed
Enter your initials and surname
Again confirm the deposit details and select proceed
Take you receipt

This is how you pay to your Absa AVAF account in South Africa.

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