Sponsorship - Endowment award

  • by Admin
  • February 02 , 2019  
  • 0
  • 2420

Dear Alumni,

Alumni Association aims to encourage the talents of the students by establishing endowment. The alumni can donate a fixed prescribed amount of ₹ 20,000 (Rupees twenty thousand only)  for  the award and is deposited as an endowment by the association. The endowment is designed to keep the Principal amount intact, while the 80% of the interest accrued will be utilized to fund the award and 20% adds into the corpus of that account to fund future years of activities, the donor seeks to fund for. These prizes and medals are valuable for the students and benefit for them in many ways. 

 

The name of the award may be in the name of the donar or parent or mentor.  The purpose of the award is also donor's choice. Kindly forward the messages to your class group. and also in your batch group.

 

Our AAGCETLY Bank account details --

Bank: Canara Bank,
Branch: Govt Engineering College Campus
Account Name: Alumni Association of GCE - TLY
Account No. 8656101007291
IFSC Code: CNRB0008656