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Eligibility, documents, scope and key termsEligibility, required documents, scope of work and key terms of this tender, in one click.
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Closing Date
6 Nov 2025, 11:00 pmClosed
Eligibility, documents, scope and key termsEligibility, required documents, scope of work and key terms of this tender, in one click.
Department of Medical Education
FA OFffice
Investment of Surplus Funds In Short Term Bank Fixed Deposits
DME/2025-26/SE0590
DME/2025-26/SE0590
Open
Two Tender Document System(Two Cover)
Karanataka Institute of Medical Sciences Hubli
3 documents required · 0 mandatory · 3 optional
The total outstanding investment in any particular Bank (including all branches of the Bank) shall not exceed: a) Rs.2000.00 crore in a year or 5% of the Net worth whichever is lower in respect of Public Sector Banks b) Rs.200.00 crore in a year or 10% of the Net worth whichever is lower in respect of Regional Rural Banks
Only Banks incorporated in India are considered. Foreign Banks are not considered.
On any particular day, investment in Fixed Deposits shall not be made in more than 3 banks and the amount of investment at any point of the time should be made in single branch of the selected bank.
While Investing in Fixed Deposits, the benefit of Bulk Deposit rates shall be availed and non-bulk deposits shall be completely discouraged.
All the criteria being equal, preference shall be given to the Bank which is the serving bank of the Karnataka Medical College & Research Institute, Hubli.or which is participating in the development / Borrowing program of Karnataka Medical College & Research Institute, Hubli
100% Nationalized Bank.
₹500
Exempted
30 Oct 2025
30 Oct 2025
8 Nov 2025
3 Nov 2025
Rate of Interest (FD) Flexi
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