ACQUISITION OF FIXED DEPOSIT/INVESTMENT RATES

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.

Rashad Khattak
Secretary
(Funds Deposits Committee)

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