ACQUISITION OF FIXED DEPOSIT/INVESTMENT RATES

ACQUISITION OF FIXED DEPOSIT/INVESTMENT RATES

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 any time or pre-mature encashment facility without any penalty. The rates shall be quoted for full amount with conditions mentioned below:

Sr. No. Funds Amount Duration Profit/Interest Disbursement
1 Rs. 715222500 orRs. 715.2225 Million 1)      03 months2)      06 months

3)      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 January 28, 2019 at 10:00 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, any time or pre-mature encashment facility without any penalty and credibility of banks as per Govt. investment policy

Rashad Khattak

     Secretary

  (Investment / Funds Deposits Committee)

EnglishUrdu