TRANSPORT
A4 Application Form Resident.pmd - HDFC Bank
A4 Application Form Resident.pmd - HDFC Bank
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
in the nature of FORM2A - MEMORANDUM CONTAINING SALIENT FEATURES OF THE PROSPECTUS<br />
Category of NCD Holder as<br />
on the Record Date<br />
NCD Holder who is an<br />
Individual<br />
NCD Holder who is a Non<br />
Individual<br />
Face Value (` per NCD) Premium Amount (` per Aggregate Amount<br />
– (A)<br />
NCD) – (B)<br />
Payable at the Time<br />
of Redemption (` per<br />
NCD) =(A)+(B)*<br />
1,000 364.33 1,364.33<br />
1,000 318.67 1,318.67<br />
* subject to applicable tax deducted at source, if any.<br />
(e) For Series V NCDs: In case of Series V NCDs, 50% of the Face Value of the NCDs shall be redeemable at a premium of `<br />
263.37 per Series V NCD held by an Individual and at a premium of ` 226.93 per Series V NCD held by a Non Individual at<br />
the end of forty eight months from the Deemed Date of Allotment and the remaining 50% of the Face Value of the NCDs shall<br />
be redeemable at a premium of ` 348.48 per Series V NCD held by an Individual and at a premium of ` 298.17 per Series<br />
V NCD held by a Non Individual at the end of sixty months from the Deemed Date of Allotment, as better detailed below:<br />
Category of NCD Holder as on the<br />
Record Date<br />
Face<br />
Value (`<br />
per NCD)<br />
– (A)<br />
Premium Amount<br />
for 50% of the<br />
NCDs to be<br />
redeemed at the<br />
end of 48 months (`<br />
per NCD) – (B)<br />
Aggregate<br />
Amount<br />
Payable at<br />
the at the end<br />
of 48 months<br />
(` per NCD)<br />
=(A/2) +(B)<br />
Premium<br />
Amount for<br />
remaining<br />
50% of the<br />
NCDs to be<br />
redeemed at<br />
the end of 60<br />
months (` per<br />
NCD) – (C)<br />
Aggregate<br />
Amount<br />
Payable at<br />
the at the end<br />
of 60 months<br />
(` per NCD)<br />
=(A/2) +(C)*<br />
NCD Holder who is an Individual 1,000 263.37 763.37* 348.48 848.48<br />
NCD Holder who is a Non Individual 1,000 226.93 726.93 298.17 798.17<br />
* subject to applicable tax deducted at source, if any.<br />
On any relevant Record Date the Registrar and/or our Company shall determine the list and identity of NCD Holders, (based<br />
on their DP identification, PAN and/or entries in the register of NCD Holders), and make applicable interest payments based on<br />
whether such NCD Holder as on such Record Date is an Individual or a Non Individual. The categories of the NCD Holders,<br />
(i.e. Individuals and Non Individuals), will be identified based on the details obtained from the depository database (with<br />
respect to NCDs held in dematerialized form) and register of NCD Holders (with respect to the NCDs held in physical form).<br />
2. Payment of Interest/Premium:<br />
Annual Payment of Interest for Series I and Series II NCDs: For NCDs subscribed under Series I and Series II, the relevant<br />
interest will be paid on the first day of April every year for the amount outstanding. The first interest payment will be made on<br />
April 1, 2014 for the period commencing from the Deemed Date of Allotment till March 31, 2014. The last interest payment<br />
will be made at the time of redemption of the NCD on a pro rata basis.<br />
Monthly Payment of Interest for Series III NCDs: For NCDs subscribed under Series III, the first interest payment shall be<br />
made on the first day of September, 2013. The first interest payment shall be made from the Deemed Date of Allotment up<br />
to the August 31, 2013. The relevant interest accruing after August 31, 2013 will be paid on the first day of every following<br />
month for the amount outstanding. Interest payment will be made till the expiry of sixty months from the Deemed Date of<br />
Allotment. The last interest payment will be made at the time of redemption of the NCD on a pro rata basis.<br />
Basis of payment of Interest / Premium : Payment of (a) interest and/or redemption amount in case of Series I, Series II and<br />
Series III NCDs and (b) the face value of the NCDs plus the applicable premium on redemption in case of Series IV and Series<br />
V NCDs, will be made to those NCD Holders (or to first holder in case of joint-holders), whose names appear in the register<br />
of NCD Holders (in case of NCDs held in physical form) and/or the details obtained from the depository database (in case of<br />
NCDs held in dematerialized form), as on the applicable Record Date. On every relevant Record Date, the Registrar and/or<br />
our Company shall determine the list and identity of NCD Holders, (based on their DP identification, PAN and/or entries in<br />
the register of NCD Holders), and make applicable interest payments based on whether such NCD Holder as on the applicable<br />
Record Date is an Individual or a Non Individual.<br />
We may enter into an arrangement with one or more banks in one or more cities for direct credit of interest to the account of<br />
the investors. In such cases, interest, would be directly credited to the account of those investors who have given their bank<br />
mandate on the interest payment date.<br />
We may offer the facility of NECS, NEFT, RTGS, Direct Credit and any other method permitted by RBI and SEBI from time<br />
to time to help NCD Holders. The terms of this facility (including towns where this facility would be available) would be as<br />
prescribed by RBI. Refer to the paragraph on “Manner of Payment of Interest/Refund/Redemption Amounts” at page 271 in<br />
the Prospectus.<br />
30 Shriram Transport Finance Company Limited