The Competent Authority has been pleased to appoint Assistant Registrar (Store & Purchase) as Nodal Officer of the Institute for safe keeping of the financial documents/negotiable instruments like EMD/FDR etc. of all Sections/Units in the Institute. A vault has been procured for this purpose which has been kept under the custody of Nodal Officer.

A register will be maintained by the Nodal Officer where the particulars of all financial documents kept in the Vault are entered Department/Section/Unit wise.

The Nodal officer will send to Finance Officer those EMD’s etc. which are to be deposited in IIT Mandi account on the recommendation of concerned Department/Section/Unit.

As on 31st March a list of EMD’s/FDR etc. kept in Vault will be submitted to Finance Officer at the end of each Financial Year for accounting purpose.

All Section/Unit dealing with EMD’s/FDR etc. are advised to send their financial documents, if any to the Nodal Officer for safe custody.