KVS : Investment under EWS
F.110232(INV(/2023/KVS/EWS(HQ)/P&I/2548
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/Short Term Deposit for the period indicated against the amount to be invested.
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S. No.
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Amount
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Period of deposit
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1
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25.0 Crore Approx. (Twenty Five Crore only)
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One year, less than 1 year, 1 year & above
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You are requested to forward the rate of interest for the above deposit in the following format (for Rs. Fifty Crore).
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Amount
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Period of investment
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Rate of interest p.a.
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Rate valid up to
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25.04.2023
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The ‘Bid for FD rate’ should be superscribed on the sealed envelope C 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 20th April , 2023. The rate offered in response to this office letter must be valid up to 25th April, 2023. No offer will be entertained after the stipulated date as well as through email.
This issues with the approval of the competent authority.
Yours faithfully,
(Sanjay Kumar)
Deputy Commissioner (Fin.)
Copy to:;
1. The Deputy Commissioner (EDP) with request to upload on the Website under the menu “Announcement”.
Deputy Commissioner (Fin.)
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