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INDIAN RAILWAY FINANCE CORPORATION LIMITED

INDIAN RAILWAY FINANCE CORPORATION LIMITED

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egistered leave and license agreement or agreement for sale or rent agreement or flat maintenancebill; orAADHAR letter.(d) Self-attested copy of a cancelled cheque of the bank account to which the amounts pertaining topayment of refunds, interest and redemption, as applicable, should be credited.In absence of the cancelled cheque, our Company may reject the Application or it may consider the bankdetails as given on the Application Form at its sole discretion. In such case the Company, Lead Managersand Registrar shall not be liable for any delays/ errors in payment of refund and/ or interest.The Applicant shall be responsible for providing the above information accurately. Delays or failure in credit ofthe payments due to inaccurate details shall be at the sole risk of the Applicants and neither the Lead Managersnor our Company shall have any responsibility and undertake any liability for the same. Applications forAllotment of the Bonds in physical form, which are not accompanied with the aforestated documents, may berejected at the sole discretion of our Company.In relation to the issuance of the Bonds in physical form, please note the following:1. An Applicant has the option to seek Allotment of Bonds in either dematerialised or physical mode. Nopartial Application for the Bonds shall be permitted and is liable to be rejected.2. In case of Bonds that are being issued in physical form, our Company will issue one certificate to the holdersof the Bonds for the aggregate amount of the Bonds for each of the Series of Bonds that are applied for (eachsuch certificate a “Consolidated Bond Certificate”). or such number of certificates of ` 1,00,000 each foreach Series of Bonds (“` One Lakh Certificate(s)”) that would together constitute the aggregate amount ofbonds held by such Bondholder. The option to receive certificates in the denomination of ` 1,00,000 anddetailed procedure in this respect will be provided in the letter of allotment.3. Any Applicant who provides the Depository Participant details in the Application Form shall beAllotted the Bonds in dematerialised form only. Such Applicant shall not be Allotted the Bonds inphysical form.4. Our Company shall dispatch the Consolidated Bond Certificate ` One Lakh Certificate(s) to the address ofthe Applicant provided in the Application Form.All terms and conditions disclosed in relation to the Bonds held in physical form pursuant to rematerialisationshall be applicable mutatis mutandis to the Bonds issued in physical form.Consolidated list of documents required for various categoriesFor the sake of simplicity we hereby provide the details of documents required to be submitted by variouscategories of Applicants (who have applied for Allotment of the Bonds in dematerialised form) while submittingthe Application Form:Type of InvestorsPublic Financial Institutions, commercial banksauthorized to invest in the Bonds, companies within themeaning of section 3 of the Companies Act and bodiescorporate registered under the applicable laws in Indiaand authorized to invest in the Bonds; multilateral andbilateral development financial institutions and StateIndustrial Development CorporationsInsurance companies registered with the IRDADocuments to be submitted with application form (inaddition to the documents required for applications forAllotment of Bonds in physical form)The Application must be accompanied by certified truecopies of:Any Act/ Rules under which they are incorporatedBoard Resolution authorizing investmentsSpecimen signature of authorized personThe Application must be accompanied by certified copies ofAny Act/Rules under which they are incorporatedRegistration documents (i.e. IRDA registration)Resolution authorizing investment and containingoperating instructions (Resolution)76

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