Securing Highest Interest Fixed Deposits for U.P. Housing Board's GPF Funds

Work Description - Investment Of Gpf Fund In Shape Of Fixed Deposit For One Year On Highest Interest Rates For The Period Of One Year Through Nationalized Banks As Under

The U.P. Housing and Development Board, a State Government organisation, invites eligible nationalized banks to participate in an Open Tender for the crucial investment of its GPF Fund. This tender, identified by Reference Number 1448 Dt-10.07.2026, seeks proposals for the fixed deposit of these funds for a period of one year, with the primary objective of securing the highest possible interest rates. The estimated Tender Value for this service is significant, amounting to ₹ 3,15,00,00,000. Interested bidders will find that this tender involves no Tender Fee (₹ 0.00) and no Earnest Money Deposit (EMD ₹ 0.00), facilitating broader participation. The contract is structured as a Fixed-rate agreement for the duration of 365 days, with submitted bids remaining valid for 90 days from the bid opening date. Key dates for prospective bidders are as follows: The tender was e-Published and documents became available for download starting 13-Jul-2026 at 05:05 PM. The bid submission window also commences on 13-Jul-2026 at 05:05 PM, with the deadline for both document download and bid submission set for 03-Aug-2026 at 01:00 PM. Bids will subsequently be opened on 03-Aug-2026 at 02:00 PM at the HQ GPF SECTION. For any correspondence or further details, please contact the FINANCE CONTROLLER at 104 MG MARG LUCKNOW.