ACQUISITION OF FIXED DEPOSIT/INVESTMENT RATES

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.

Rashad Khattak
Secretary
(Investment / Funds Deposits Committee)

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