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. Pension Contribution 47.51215 million ·         03months

·         06months

·         12months

·         On Maturity basis

·         On Monthly basis

2. GP Fund 18.998036 million
.3 Benevolent Fund 1.441915 million
Total Funds Amount: 67952101 (67.952101 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 Thursday, August 26, 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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