Sub: - Invitation for Empanelment of Scheduled Commercial Banks/ Financial Institutions for placement of surplus funds.

ITPo intends to empanel Banks/Financial Institutions for inviting quotations for investment of its surplus funds in term/fixed deposits from time to time. The eligibility details for empanelment are as under:-

          Interested Banks/Financial Institutions fulfilling the above criteria are requested to send their willingness alongwith following documents/information within 15 days to the Dy. Manager(Cash & Banking), ITPO, Pragati Bhawan, Pragati Maidan, New Delhi 110001.

1. Net worth and Capital Adequacy Raito as per last audited accounts alongwith copy of the Annual Report.
   
   
2. Copy of the Certificate issued by RBI confirming the status of the Bank as Nationalized/Private Scheduled Commercial Banks.
   
   
3. Only one branch of a Bank is eligible for empanelment with ITPO. Letter from the Regional/Corporate office of the bank authorising the branch for empanelment with ITPO.
   
   
4. Confirmation that the branch requesting for empanelment is covered in high transaction area.

          ITPO reserves the right to accept/reject any or all offers without assigning any reason thereof. 

Manager(Finance)
  Tel. No. 23371665

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