TENDERS & PROCUREMENT

Request for Proposal for Investment of Funds in Short Term and Long Term Deposits by IIT(ISM) Dhanbad

By TEAM CIRCULAR EXPRESS • 15 Oct 2026
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• IIT(ISM) Dhanbad invites sealed bids from scheduled public and private sector banks for the investment of Rs 60.85 Crores.
• Bidders must have a branch in Dhanbad and a banking license issued before 2005.
• Bids must be submitted physically by 12:15 PM on October 26, 2026.
• Eligibility includes a net worth above Rs 10,000 crores as of March 31, 2026, and a valid credit rating for deposit schemes.
purpose of issuance
Investment of institute funds in short term/long term deposits
Name of Bank
Scheduled Public and Private Sector Banks
Bid submission last date
2026-10-26
eligibility
Net worth above Rs 10,000 crores as of 31.03.2026, valid Capital Adequacy Ratio, and highest safety credit rating
Tender issuance authority
Registrar, IIT(ISM) Dhanbad
Location of Work
Dhanbad, Jharkhand
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