ACQUISITION OF FIXED DEPOSIT/INVESTMENT RATES
- Posted by Web Admin
All Commercial Banks
Khushal Khan Khattak University, Karak intends to place its funds in fixed deposits for three (03) or six (06) or twelve (12) months duration with a condition of pre-mature encashment. The rates shall be quoted for full amount with conditions mentioned below.
|Sr. No.||Funds Amount||Duration||Profit/Interest Disbursement|
|1||Rs. 715222500 or
Rs. 715.2225 Million
|03 months, 06 months and 12 months||Monthly Disbursement|
Sealed Quotations should reach the office of Prof. Dr. Mirza Jan, Convener, Investment/Funds Deposit Committee, Khushal Khan Khattak University, Karak on or before 23-10-2018, at 11:00 A.M. sharp and will be opened in the presence of committee and bank Managers/Nominee on same date and time. After the competition, committee will decide with whom to fix funds in TDR upon the highest quoted rates and credibility of banks as per Govt. investment policy.
(Investment / Funds Deposits Committee)