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Bank Manager

ACQUISITION OF INVESTMENT RATES

Khushal Khan Khattak University intends to place its funds in fixed deposits for 3 or 6 or 12 months duration. The rates shall be quoted for full amount as per detail given below:

Sr. No.

Funds Amount

Duration

Profit/Interest Disbursement

1

415.2225 Million

1)      03 months

2)      06 months

3)      12 months

a.       On Maturity basis

b.      On Monthly basis

2

25 Million

1)      03 months

2)      06 months

3)      12 months

a.       On Maturity basis

b.      On Monthly basis

3

22 Million

(Pension Contribution)

1)      03 months

2)      06 months

3)      12 months

a.       On Maturity basis

b.      On Monthly basis

4

8.4 Million

(Pension Contribution)

1)      03 months

2)      06 months

3)      12 months

a.       On Maturity basis

b.      On Monthly basis

 

Sealed Quotations should reach the office of the Convener, Investment/Funds Deposit Committee, Dr. Siraj Uddin, Assistant Professor, Department of Management Sciences, Khushal Khan Khattak University, Karak on or before Thursday, July 16, 2020 at 11:00 A.M. sharp and will be opened in the 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 banks as per Govt. investment policy.

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

 

       Secretary
  (Funds Investment / Deposits Committee)

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