INVEST IN IFCI INFRA BONDS U/S 80CCF-SAVE TAX BEFORE 31ST DECEMBER

Friends,

Private placement of IFCI Long Term Infrastructure Bonds of face value of Rs.5000 each in the nature of Unsecured, Redeemable,Non-Convertible Bonds Series II having benefits under Section 80 CCF of the Income Tax Act, 1961 aggregating to Rs. 100 Crore with a green-shoe option to retain over-subscription for issuance of additional Infrastructure Bonds.
Know more about infra bonds and section 80CCF read Faq from link given below
INFRABONDS FAQ 80CCF

SUMMARY TERM SHEET

Issuer IFCI Limited ("the Issuer") Offering 2,00,000 Unsecured, Redeemable, Non-Convertible Bonds of Rs. 5,000/- each aggregating to Rs. 100 Crore with a green-shoe option to retain over-subscription for issuance of additional Infrastructure Bonds Type Private Placement basis Instrument Unsecured, Redeemable, Non-Convertible Bonds Series II having benefits under section 80 CCF of the Income Tax, 1961 for long term Infrastructure Bonds Rating BWR AA- by BRICKWORK RATINGS INDIA PVT LIMITED Eligible Investors Resident Indian Individual (Major) and HUF through Karta of the HUF Security Unsecured Face Value Rs.  5,000/- per bond Issue Price At par (Rs. 5,000/- per bond) Minimum Subscription 1 Bond and in multiples of 1 Bond thereafter, Tenure 10 years, with or without buyback option after five years Options for Subscription The Bonds are offered under the following 4 options- • Option I - Non-cumulative and Buyback after 5 years • Option II - Cumulative and Buyback after 5 years • Option III - Non-cumulative and no Buyback • Option IV - Cumulative and no Buyback Redemption / Maturity At par at the end of 10 years from the deemed date of allotment. For Cumulative Option, at par with cumulated interest thereon. Coupon rate • Option I & II - 8% p.a. • Option III & IV - 8.25% p.a. Option II and Option IV will have cumulative payment at the end of the Buyback period or 10 years, as per the option opted by the Investor. Listing Proposed to be listed on BSE Trustee Axis Trustee Services Limited Depository National Securities Depository Ltd. and Central Depository Services (India) Ltd. Registrars Beetal Financial & Computer Services (P) Ltd. Mode of Payment Interest payment will be made through ECS/At Par Cheques/Demand Drafts Issuance Demat form. But, investors interested for physical form may provide a cancelled cheque, self-certified copies of PAN Card and residential proof Trading Demat mode only following expiry of lock-in period Issue Open Date November 16, 2010 Issue Close Date December 31, 2010 • The issuer would have the right to pre-close the issue or extend the closing date by giving 1 day notice to the Arrangers Deemed Date of Allotment January 31, 2011 Buyback dates January 31 every year commencing from year 2016 till year 2020.

PERSON WITHOUT DEMAT ACCOUNT CAN ALSO APPLY

In terms of the Information Memorandum dated November 16, 2010, IFCI shall make the Issue of Bonds in dematerialized form.However, the applicant(s) who wish to subscribe to or hold the bonds in physical form, can do so in terms of Section 8(1) of the Depositories Act, 1996. Accordingly, such applicants, who wish to subscribe to the Bonds in physical form shall undertake the following steps.

The Application Form has to be complete in all respects, by providing all the information including PAN and demographic details.However, the Depository Participant Details are not to be provided in the Application Form. The requirement for providing Depository Participant Details shall be mandatory only for the Applicants who wish to subscribe to the Bonds in dematerialized

form.

(i) The following documents shall be provided along with the Application Form:

(a) Self-attested copy of the PAN card;

(b) Self attested copy of the proof of residence. Any of the following documents shall be considered as a verifiable

proof of residence:

• - Ration card issued by the Government Authority; or
• - Valid driving license issued by any transport authority of the Republic of India; or
• - Electricity bill (not older than 3 months); or
• - Landline telephone bill (not older than 3 months); or
• - Valid passport issued by the Government of India; or
• - Voter’s Identity Card issued by the Government of India; or
• - Passbook or latest bank statement issued by a bank operating in India; or

(c) Self attested copy of a cancelled cheque of the bank account of the applicant to which the amounts pertaining to payment of refunds, interest and redemption, as applicable, should be credited.

The applicant shall be responsible for providing the above information accurately. Delays or failure in credit of the payments due to inaccurate details shall be at the sole risk of the Applicants and neither the Arrangers/Registrar & Transfer Agents nor the Company shall have any responsibility and undertake any liability for the same.

The applications of the applicants who wish to subscribe for the Bonds in physical form, which are not

accompanied with the aforestated documents may be rejected at the sole discretion of the Company.

In relation to the issuance of the Bonds in physical form, please note the following:

1. (i) An Applicant has the option to seek Allotment of Bonds in either electronic or physical mode. No partial Application for the Bonds shall be permitted and is liable to be rejected.
2. (ii) In case of Bonds that are being issued in physical form, the Company will issue one certificate to the Bondholder for the aggregate amount of the Bonds that are applied for (each such certificate a ‘Consolidated Bond Certificate’).
3. (iii) Any Applicant who provides the Depository Participant Details in the Application Form shall be allotted the Bonds in dematerialized form only. Such Applicant shall not be allotted the Bonds in physical form.
4. (iv) No separate Applications for issuance of the Bonds in physical and electronic form should be made. If such Applications are made, the Application for the Bonds in physical mode shall be rejected. This shall be considered as a ground for technical rejection.
5. (v) The Company shall dispatch the consolidated bond certificate to the address of the applicant provided in the application form within two working days from the date of Allotment of the Bonds.
6. (vi) Please note that in case of the Bonds are held in physical form, the withholding tax at the applicable rate would be deducted on the interest payment if such payment is in excess of Rs.2,500 in a financial year.
7. (vii) All terms and conditions disclosed in the Information Memorandum in relation to the Bonds held in physical form pursuant to rematerialisation shall be applicable to mutatis mutandis to the Bonds issued in physical form.