e-Auction Notification: Fixed Deposit Investment – Mysore Paints & Varnish Ltd.
Jul 16, 2026 • Maryam Begum • Auction Notices / Real Estate Notices
Source:
Star of Mysore E-Paper
Mysore Paints & Varnish Ltd. (MPVL), a Government of Karnataka Undertaking, has invited offers from eligible Public Sector Banks (PSU), Regional Rural Banks (RRB), and Private Scheduled Commercial Banks (Pvt. SCB) for investment of surplus funds through Fixed Deposits for 365/366 days.
Investment Details:
Public Sector Banks (PSU) / Regional Rural Banks (RRB): ₹15.00 Crore
Private Scheduled Commercial Banks (Pvt. SCB): ₹9.50 Crore
Investment Period: 365/366 Days
Interested banks can download the e-auction schedule and participate through the Karnataka Public Procurement Portal.
e-Auction Portal: https://kppp.karnataka.gov.in
Contact Details:
Mysore Paints & Varnish Ltd.
New Bannimantap Extension, Mysuru – 570015, Karnataka
Phone: 0821-2493831 / 0821-2497469
Email: accts-mpvl@karnataka.gov.in
Website: https://www.mysorepaints.karnataka.gov.in
Ref No.: MPVL/2026-27/AUCTION 22 & 23
Date: 14 July 2026.