Bank Manager

ACQUISITION OF 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. The rates shall be quoted separately for the amounts as per detail given below:

S. No

Fund Type

Funds Amount

Duration

Profit/Interest Disbursement

1. KKKUK Fund 415,222,500/- (415.2225 million) ·         03 months

·         06 months

·         12 months

·         On Maturity basis

·         On Monthly basis

2. KKKUK Fund 300,000,000/- (300 million)
3. Pension Contribution 30,400,000/- (30.4 million)
4. Endowment Fund 25,000,000/- (25 million)
5. GP Fund 11050446/- (11.0504 million)
6. GP Fund 6493448/- (6.493448 million)
7. BF 796800/- (0.7968 million)
8. BF 506552/- (0.506552 million)
Total Funds Amount 789469746 (789.469746 million)

Sealed Quotations should reach to the office of the Convener, Investment/Funds Deposit Committee, Dr. Siraj Uddin, Assistant Professor, Department of Management Sciences, Khushal Khan Khattak University, Karak or office of the Treasurer, Khushal Khan Khattak University, Karak on or before Tuesday, July 13, 2021 at 10:00 A.M. sharp and will be opened in presence of the Committee and bank Managers / Nominee on same date and time. After the competition, Funds Investment / Deposit Committee of the University will decide with whom to fix funds upon the highest quoted rates and credibility of bank as per Govt. investment policy.

Note:  Daily product rates may also be provided / quoted.

       Secretary

  (Funds Investment / Deposits Committee)

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