BANAVIH

BANAVIH refers to the Banco Nacional de Vivienda y Hábitat, a Venezuelan public institution responsible for administering the country's mandatory housing savings system. It manages the Fondo de Ahorro Obligatorio para la Vivienda (FAOV), which collects and tracks contributions from employers and employees toward housing savings. The platform at banavih.com serves as the official portal for workers, employers, and financial institutions to access account information, verify contribution histories, and process related transactions. Employers use the system to register payroll deductions and remit mandatory housing fund contributions in compliance with Venezuelan labor and housing law. Individual workers can consult their accumulated savings balances, request withdrawals for housing-related purposes such as home purchases or improvements, and manage documentation tied to their FAOV accounts.