ACQUISITION OF FIXED DEPOSIT/INVESTMENT RATES

BANK MANAGERS
ACQUISITION OF FIXED DEPOSIT/INVESTMENT RATES

Khushal Khan Khattak University, Karak intends to place its funds in fixed deposits for three (03), 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 or

Rs. 715.2225 Million

1)      03 months

2)      06 months

3)      12 months

Monthly Disbursement

 

Sealed Quotations should reach the office of Convener, Funds Deposit Committee, Khushal Khan Khattak University, Karak on or before July 12, 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

(Funds Deposits Committee)

 

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