ACQUISITION OF FIXED DEPOSIT/INVESTMENT RATES
- Posted by Web Admin
All Commercial Banks
Khushal Khan Khattak University, Karak intends to place its funds Rs. 715,222,500/- in fixed deposits for six (06) months duration. The rates shall be quoted for individual’s amount (mentioned vide serial 1-3) or for full Amount mentioned.
|Sr. No.||Funds Amount||Duration||Profit/Interest Disbursement|
|1||Rs. 100000000 or 100 Million||6 Months||Monthly Disbursement|
|2||Rs. 300000000 or 300 Million||6 Months||Monthly Disbursement|
|3||Rs. 315222500 or 315.225 Million||6 Months||Monthly Disbursement|
|Total Amount||Rs. 715222500/- or 715.2225 Million||6 Months||Monthly Disbursement|
Sealed Quotations should reach the office of Prof. Dr. Mirza Jan, Pro-Vice Chancellor/Convener, Investment/Funds Deposit Committee, Khushal Khan Khattak University, Karak on or before 26-04-2018, at 01:00 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 and credibility of banks as per Govt. investment policy.
(Funds Deposits Committee)