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Dear
Issue opens 27th January, 2012 - Issue Closes 10thFebruary, 2012 An Excellent Investment opportunity in TAX FREE BONDS of INDIAN RAILWAY FINANCE CORPORATION LIMITED (IRFC).
We strongly believe, investors should grab the opportunity by investing on the 1st day of the issue itself to maximize the chances of allotment, as the allotment will be done on the basis of first - come first - serve basis. Both NHAI and PFC issues were oversubscribed up to 3 times on the first day itself. And it is almost certain to happen in case of IRFC issue as well.
*For the Retail Category, in case the Bonds are sold and/or transferred by the original allottee the transferee shall be entitled to
receive the interest at the coupon rate of 8.00% p.a. and 8.10% p.a. and not 8.15% p.a. and 8.30% p.a. respectively.
Cheques / Drafts to be drawn in favor of (A/C Payee cheques only): For NRI NRI ESCROW ACCOUNT IRFC-TRANCHE-I
For Others ESCROW ACCOUNT IRFC-TRANCHE-I MARGIN FINANCE: For those who want to make application of minimum Rs. 50 Lakhs, we can avail you the margin financing for the tenure of 1 month. The terms will be as under: Minimum Ticket Size: Rs. 50 Lakhs Rate of Interest: 14%p.a. (1.167% for a month) Margin: 10% i.e. 90% of the total amount will be lent by us. Tenure: Upto 1 month WHO CAN APPLY?
BASIS OF ALLOTMENT
Investment Rationale:
No AAA rated instrument in India offers such excellent Pre tax yield ranging from 11.79% to 12.00% to the Highest Tax payers. The comparable investment opportunities like Bank FD, Company FD, Debentures, PPF, etc. do not offer such competitive returns. You can invest any amount without any upper limit. Once the Interest Rates start declining in India, there is a distinct possibility of these bonds to appreciate in value. Contact us immediately for your participation in this issue Dont miss this excellent Investment opportunity. Disclaimer: Invest only after referring to final prospectus