Meanwhile, leading the field was Thai Thanyakon Khrongpha after firing a five-under 67. He was at 15-under 201, two shots ahead of Rashid and Randhawa.
Among other Indians, S Chikkarangappa (69-72-71) was tied 29th, while the new rising Indian star, Shubhankar Sharma (71-70-72) was tied 32nd alongside Chiragh Kumar (69-75-69) at three-under 213. Abhijit Chadha (71-74-73) and M Dharma (70-74-74) were tied for 60th at two-over 218.
Rashid, who won his first Asian Tour title on home soil in March, birdied the last two holes to stay in the title mix. He reaped the rewards of working with a mental coach, saying it has helped him stay patient on the course.
"I'm excited but I'll need to keep doing what I've been doing. I was struggling with my irons and gave myself long putts which was a bit frustrating. I kept myself patient and I'm trying not to lose my temper on the course. I've talked about this with my mental coach and I'm starting to see the results," said the 23-year-old Khan.
"The young boys these days are good and experienced enough to play under pressure. It's a young man's game now. But experience does matter. Hopefully my experience will count but it is tough to chase young people because they have the energy to go for it," said Randhawa.
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