ACQUISITION OF FIXED DEPOSIT/INVESTMENT RATES 18-7-2019

Abid Saeed

ACQUISITION OF FIXED DEPOSIT/INVESTMENT RATES 18-7-2019


Bank Managers


Khushal Khan Khattak University, Karak intends to place its funds in fixed deposits for three (03) six (06) twelve (12) or twenty four (24) months duration with a condition of any time or pre-mature encashment facility without any penalty. The rates shall be quoted individually for the amounts vide serial No. 1-4 with conditions mentioned below.

Sr. No. Funds Amount Duration Profit/Interest Disbursement
1 Rs. 715.2225 Million 1) 03 months

2) 06 Months

3) 12 Months

4) 24 Months

Monthly Disbursement
2 Rs. 25.00 Million

 

1) 03 months

2) 06 Months

3) 12 Months

4) 24 Months

Monthly Disbursement
3 Rs. 22.00 Million

 

1) 03 Months

2) 06 Months

3) 12 Months

4) 24 Months

Monthly Disbursement
4 Rs. 7.00 Million

1) 03 Months

2) 06 Months

3) 12 Months

4) 24 Months

Monthly Disbursement
Total Amount Rs. 769.22225 Million Monthly Disbursement

Sealed Quotations should reach the office of Convener, Funds Deposit Committee, Khushal Khan Khattak University, Karak on or before July 22, 2019 at 03:00 P.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, any time or pre-mature encashment facility without any penalty and credibility of banks as per Govt. investment policy.

Rashad Khattak

Secretary

(Funds Deposits Committee)

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