INDIAN RAILWAY FINANCE CORPORATION LIMITED

(b) The Stock Exchanges will offer an electronic facility for registering Applications for the Issue. This facilitywill be available on the terminals of the Members of the Syndicate, Trading Members and their authorisedagents and the SCSBs during the Issue Period. On the Issue Closing Date, the Members of the Syndicate,Trading Members and the Designated Branches shall upload Applications till such time as may bepermitted by Stock Exchanges. This information will be available with the Members of the Syndicate andTrading Members on a regular basis. Applicants are cautioned that a high inflow of Applications on the lastday of the Issue Period may lead to some Applications received on the last day not being uploaded and suchApplications will not be considered for Allotment.(c) Based on the aggregate demand for Applications registered on the electronic facilities of the StockExchanges, a graphical representation of consolidated demand for the Bonds, as available on the websitesof Stock Exchanges, would be made available at the Application centres as provided in the ApplicationForm during the Issue Period.(d) At the time of registering each Application, the Members of the Syndicate, SCSB’s and Trading Members,as the case may be, shall enter the details of the Applicant, such as the Application Form number, PAN,Applicant category, DP ID, Client ID, number and Series(s) of Bonds applied, Application Amounts, detailsof payment instruments (for non – ASBA Applications), Bank code for the SCSB where the ASBAAccount is maintained (for ASBA Applicationsfor ASBA Applications) and anyother details that may be prescribed by the online uploading platform of the Stock Exchanges.(e) A system generated TRS will be given to the Applicant as a proof of the registration of his Application. It isthe Applicant’s responsibility to obtain the TRS from the SCSBs, Members of the Syndicate or the TradingMembers, as the case may be. The registration of the Applications by the SCSBs, Members of the Syndicateor Trading Members does not guarantee that the Bonds shall be allocated/ Allotted by our Company. SuchTRS will be non-negotiable and by itself will not create any obligation of any kind.(f) The permission given by the Stock Exchanges to use their network and software of the online systemshould not in any way be deemed or construed to mean that the compliance with various statutory and otherrequirements by our Company, and/or the Lead Managers are cleared or approved by the Stock Exchanges;nor does it in any manner warrant, certify or endorse the correctness or completeness of any of thecompliance with the statutory and other requirements nor does it take any responsibility for the financial orother soundness of our Company, the management or any scheme or project of our Company; nor does it inany manner warrant, certify or endorse the correctness or completeness of any of the contents of thisProspectus Tranche-1; nor does it warrant that the Bonds will be listed or will continue to be listed on theStock Exchanges.(g) In case of apparent data entry error by either the Members of the Syndicate or the Trading Members, inentering the Application Form number in their respective schedules, other things remaining unchanged, theApplication Form may be considered as valid and such exceptions may be recorded in minutes of themeeting submitted to the Stock Exchanges(h) Only Applications that are uploaded on the online system of the Stock Exchanges shall be considered forAllotment.General InstructionsDo’sCheck if you are eligible to apply;Read all the instructions carefully and complete the Application Form;If the Allotment of the Bonds is sought in dematerialized form, ensure that the details about DepositoryParticipant and beneficiary account are correct and the beneficiary account is active;Applications are required to be in single or joint names (not more than three);In case of an HUF applying through its Karta, the Applicant is required to specify the name of an Applicantin the Application Form as ‘XYZ Hindu Undivided Family applying through PQR’, where PQR is the name72