KVS : Investment under EWS
F. 110232 (INV)/2022/KVS/EWS(HQ)/P&I
Date 22.12.2022
To, All Nationalized Banks
Subject : Investment under EWS – Regarding
Madam/Sir,
I am to inform you that the following Surplus amount is available with Kendriya Vidyalaya Sangathan’s Account for being kept in Fixed Deposit for the period indicated against the amount to be invested.
S.No.
|
Amount
|
Period of deposit
|
1.
|
1,00,00,000/- Approx. (One Crore Only)
|
One year, less than 1 year, 1year & above, 2 year &
above.
|
You are requested to forward the rate of interest for the above deposit in the following format (for Rs. One Crore and One Crore above.)
Amount
|
Period of investment
|
Rat of interest p.a.
|
Yield to maturity
|
Valid up to
|
Net Worth of the bank
|
|
|
|
|
04.01.2023
|
|
The offer should be furnished in sealed envelope (Only) and should be addressed to Deputy Commissioner (Fin.), Room No. 007, 18 Institutional Area, Shaheed Jeet Singh Marg, New Delhi – 110016. The last date for submission of bid is 29th December, 2022. The rate offered in response to this office letter must be valid up to 4th January, 2023. No offer will be entertained after the stipulated date/through email.
This issues with the approval of the competent authority.
Yours faithfully,
(A.K.Srivastava)
Assistant Commissioner (Fin.)
Copy to :
The Deputy Commissioner (EDP) with request to upload on the Website under the menu “Tender”.
Assistant Commissioner (Fin.)
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