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 for full amount as per detail given below:
|Sr. No.||Funds Amount||Duration||Profit/Interest Disbursement|
|1||Rs29944944/– (Twenty Nine Million Nine Hundred Fourty-Four Thousand Nine Hundred Fourty-Four)-(Pension Contribution Fund)||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 Monday, August 24, 2020 at 12:00 P.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.
(Funds Investment / Deposits Committee