Basic Terms of Issue:

Options Interest Payment Frequency Face value (Rs./Bond) Minimum Application In Multiples of Buy Back Option Coupon Coupon Payment Date Buyback Date Maturity Date Buy Back Intimation Period Maturity Amount (Rs.) I Cumulative 5,000/One Bond One Bond Yes 8.50 % per annum (Annual compounding) At the time of redemption II Annual 5,000/One Bond One Bond Yes 8.50 % p.a. December 12 every year III Cumulative 5,000/One Bond One Bond Yes 8.75% per annum (Annual compounding) IV Annual 5,000/One Bond One Bond Yes 8.75% p.a.

December 12 of the Calendar years 2016 and 2018 December 12, 2021 December 12, 2021

At the time of December 12 every year redemption December 12 of the Calendar years 2018, 2021 and 2023 December 12, 2026 December 12, 2026

August 12 to September 11 of Calendar years 2016 and 2018 11,305/5,000/-

August 12 to September 11 of Calendar years 2018, 2021 and 2023 17,596/5,000/-

Redemption Amount, (in case the buyback option is exercised)(Rs.): At end of Year 5 At end of Year 7 At end of Year 10 7,519/8,851/Not Applicable 5,000/5,000/Not Applicable Not Applicable 8,995/11,569/Not Applicable 5,000/5,000/-

Not Applicable Not Applicable 13,682/5,000/At end of Year 12 INSTRUCTIONS: Applicants are advised to read information memorandum carefully in order to satisfy themselves before making an application for subscription. For a copy of information memorandum, the applicant may request the issuer company/arrangers or download from www.ifciltd.com. 1) Application Form must be completed in BLOCK LETTERS For more details, CallZus at 0-9910009312, IN ENGLISH. A blank spaceEmail us:between two or more parts of the name. For 0-9818269396 or must be left example: A B C D W X Y 2) Signatures should be made in English / Hindi. Signatures made in any other happy to advise and by an you determine the info@safeinvestonline.com and we will be more than Indian language must be attested helpauthorised official of a Bank or bestby a Magistrate / Notarydemat form orhis / her officialas opted in the application. plan for you. Public under physical form, seal. 3) Bonds will be issued in 4) Application shall be for a minimum number of one Bond and multiples of one Bond thereafter. 5) The benefit under section 80 CCF is limited to Rs. 20,000 in a financial year, but there is no limit on investment. 6) Applications can be made in single or joint names (not more than three); in case of joint names, all payments will be made out in favour the applicant whose name appears first in the application form; all notices, correspondence and communication will be addressed to the first applicant. 7) The payment can be made either through Cheque/Demand Draft/Payorders. 8) It has to be ensured that the Application Forms accompanied by the Cheque/DD/Pay order, drawn and made payable in favour of IFCI Limited Infra Bond and crossed Account Payee Only are deposited, directly with the designated branches of HDFC Bank (Collecting Banker) for crediting the amount to IFCI Limited -Infra Bond . The details of collection centres are available in information memorandum. The Cheque must be drawn on any bank including a Co-operative Bank, which is a member or a sub-member of the Bankers Clearing House, located at the place where the Application Form is submitted. 9) Cash, Outstation Cheques, Money Orders or Postal Orders will NOT be accepted. 10) As a matter of precaution against possible fraudulent encashment of interest warrants due to loss / misplacement, applicants are requested to mention the full particulars of their bank account, as specified in the Application Form (Bank detail should match the details provided in the Demat account). Interest warrants will then be made out in favour of the sole / first applicants account. Cheques will be issued as per the details in the register of Bondholders at the risk of the sole / first applicant at the address registered with Corporation or as per Demat Account. 11) The PAN No of the Sole / First Applicant and all Joint Applicants(s) should be mentioned correctly in the Application Form. If the applicant opts for bonds in physical certificate form, then the self certified copy of the PAN Card of the sole/first holder and self certified address proof of the sole/first holder along with cancelled cheque must be attached to the application form. 12) In case of Bonds in Demat form, demographic details will be picked up from the Demat Account of the applicant. 13) As per the current income tax laws, for bonds in dematerialised form, there will not be any tax deduction at source (TDS) from the annual/cumulative interest since the bonds would be listed on BSE. However, in respect of bonds held in physical form tax shall be deducted, if applicable as per extant law. 14) Receipt of application will be acknowledged by Bankers stamping the Acknowledgement Slip appearing below the Application Form. No separate receipt will be issued. 15) The applications would be scrutinized and accepted as per the provisions of the terms and conditions of the Private Placement, and as prescribed The benefit under section 80 CCF isetc. IFCI is entitled, at 20,000 in a financial to accept or reject any application, in part or in under the other applicable Statutes/Guidelines limited to Rs. its sole and absolute discretion, year, but there is no limit on investment As perfull, without assigning any reason whatsoever. An application form, which is not complete in any respect, is liable to be rejected. tax the current income tax laws, for bonds in dematerialised form, there will not be any 16) All future communications should be addressed to the Registrar or to IFCI at their registered office mentioned below. deductionissue source on September 21, 2011 and will remain open till November 14, since the bonds would have listed on pre17) The at will open (TDS) from the annual/cumulative interest 2011. However, the issuer would be an option to close or extend the issue by giving 1 day notice to the physical form tax shall be deducted, if BSE. However, in respect of bonds held inarrangers. Deemed date of allotment- December 12, 2011. applicable as per

extant law. Registrar: - Karvy Computershare Private Limited,Plot nos.17-24, Vittal Rao Nagar, Madhapur, Hyderabad 500 081 Toll Free No.1-800-3454001 Tel : +91 40 4465 5000 The issue will open on September 21, 2011 Fax: +91 40Nehru1551 New Delhi till November 14, 2011. However, the and will2343 Place, Email: einward.ris@karvy.com remain open 110019 Email: infrabonds@ifciltd.com Issuer: - IFCI LIMITED, Resources Department, IFCI Tower, 61, issuer would have an option to pre-close or extend the issue by giving 1 day notice to the arrangers. Deemed date of allotment- December 12, 2011. Note: Cheques/DDs should be drawn in favour of IFCI Limited- Infra Bond and crossed A/C Payee only. Please write Applicants Name, Phone No. & Application No. on reverse of the cheque/DD. Acknowledgement is subject to realisation of cheque/DD.