Bank Managers
- Posted by Web Admin
- Posted in Tender Notice
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 |
FUND AMOUNT |
DURATION/TENURE |
PROFIT PAYOUT/ INTEREST DISBURSEMENT |
|
1. |
Pension Contribution Fund |
Rs26,62,69,333/- OR (266.269Million) |
· 03 months · 06 months · 12 months
|
· On Maturity Basis · On Monthly Basis |
|
2. |
Endowment Fund |
Rs8,04,28,085/- OR (80.428Million) |
· 03 months · 06 months · 12 months
|
· On Maturity Basis On Monthly Basis |
|
3. |
GP Fund |
Rs1,54,17,249/- OR (15.417Million) |
· 03 months · 06 months · 12 months
|
· On Maturity Basis · On Monthly Basis |
|
4. |
Benevolent Fund |
Rs20,12,585/- OR (2.012Million) |
· 03 months · 06 months · 12 months
|
· On Maturity Basis On Monthly Basis |
|
Total Fund Amount: Rs364,127,252/- OR (Rs364.127Million) |
||||
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 Friday, May 05, 2023 at 10:30 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 & Investment and Management Committee of the University will decide with whom to fixed funds in the best interest of the University.
Note:
I) Pre-mature encashment facility without any penalty will be availed by the University, if required.
II) Daily product rates may also be provided/quoted.
III) Quoted rates should be valid for at least 15 days.
Secretary
(Funds Investment / Deposits Committee)
