INFRASTRUCTURE DEVELOPMENT FINANCE COMPANY LIMITED

( In frastru ctu re Developm en t Fin an ce Com pan y Lim ited ( th e "Com pan y") , with CIN L65 191TN1997 PLC0 3 7 415 , in corporated in th e Repu blic of In dia with lim ited liability u n der th e Com pan ies Act, 195 6, as am en ded ( th e "Com pan ies Act") ) Registered Office: KRM Tower, 8 th Floor, No.1, Harrin gton Road, Ch etpet, Ch en n ai 60 0 0 3 1 Tel: ( 9144) 45 64 40 0 0 ; Fax: ( 91 44) 45 64 40 2 2 ; Corporate Office: Nam an Ch am bers, C-3 2 , G-Block, Ban dra-Ku rla Com plex Ban dra ( East) , Mu m bai 40 0 0 5 1; Tel: ( 91 2 2 ) 42 2 2 2 0 0 0 ; Fax: ( 91 2 2 ) 2 65 4 0 3 5 4; Compliance Officer and Contact Person: Mah en dra N. Sh ah , Com pan y Secretary E-mail: in frabon dFY12 _2 @ idfc.com ; Website: www.idfc.com

APPLICATION FORM (FOR RESIDENT INDIVIDUALS / HUFs ONLY)

ISSUE OPENS ON : WEDNESDAY, JANUARY 11, 20 12 ISSUE CLOSES ON: SATURDAY, FEBRUARY 25, 20 12** Appl i cati on No. 83295825

PUBLIC ISSUE BY INFRASTRUCTURE DEVELOPMENT FINANCE COMPANY LIMITED ( "COMPANY" OR "ISSUER") OF LONG TERM INFRASTRUCTURE BONDS OF FACE VALUE OF 5,000 EACH, IN THE NATURE OF SECURED, REDEEMABLE, NON-CONVERTIBLE DEBENTURES, HAVING BENEFITS UNDER SECTION 80CCF OF THE INCOME TAX ACT, 1961 ( THE "BONDS") , NOT EXCEEDING 50,000.0 MILLION FOR THE FINANCIAL YEAR 2011 2012 ( THE "SHELF LIMIT") . THE BONDS WILL BE ISSUED IN ONE OR MORE TRANCHES SUBJECT TO THE SHELF LIMIT FOR THE FINANCIAL YEAR 2011-2012 UNDER THE SHELF PROSPECTUS FILED WITH THE ROC, STOCK EXCHANGES AND SEBI ON SEPTEMBER 29, 2011 AND THE RESPECTIVE TRANCHE PROSPECTUS. THE SECOND TRANCHE OF BONDS ( THE "TRANCHE 2 BONDS") FOR AN AMOUNT NOT EXCEEDING 44,000.0 MILLION SHALL BE ISSUED ON THE TERMS SET OUT IN THE SHELF PROSPECTUS AND THE PROSPECTUS TRANCHE 2 ( THE "ISSUE") .
The The Issue is being made pursuant to the provisions of Securities and Exchange Board of India (Issue and Listing of Debt Securities) Regulations, 2008, as amended (the " SEBI Debt Regulations" ).

CREDIT RATING: "(ICRA)AAA" from ICRA and "Fitch AAA(ind)" from Fitch
Broker's Name & Code Sub-Broker's/Agent's Code Bank Branch Stamp Bank Branch Serial No. Date of Receipt

To, The Board of Directors, INFRASTRUCTURE DEVELOPMENT FINANCE COMPANY LIMITED

Dear Sirs,
Having read, understood and agreed to the contents and terms and conditions of Infrastructure Development Finance Company Limited's ProspectusTranche 2 dated January 3, 20 12, ("ProspectusTranche-2") along with the Shelf Prospectus filled with ROC, Stock Exchanges and SEBI on September 29, 20 11, I/We hereby apply for allotment to me/us of the under mentioned Tranche 2 Bonds out of the Issue. The amount payable on application for the below mentioned Tranche 2 Bonds is remitted herewith. I/We hereby agree to accept the Tranche 2 Bonds applied for or such lesser number as may be allotted to me/us in accordance with the contents of the ProspectusTranche 2 subject to applicable statutory and/or regulatory requirements. I/We irrevocably give my/our authority and consent to IDBI Trusteeship Services Limited, to act as my/our trustees and for doing such acts and signing such documents as are necessary to carry out their duties in such capacity. I/We confirm that : I am/We are Indian National(s) resident in India and I am/ we are not applying for the said Tranche 2 Bonds Issue as nominee(s) of any person resident outside India and/or Foreign National(s). Notwithstanding anything contained in this form and the attachments hereto, I/we confirm that I/we have carefully read and understood the contents, terms and conditions of the Prospectus Tranche 2, in their entirety and further confirm that in making my/our investment decision, (i)I/We have relied on my/our own examination of the Company and the terms of the Issue, including the merits and risks involved, (ii) my/our decision to make this application is solely based on the disclosures contained in the Prospectus Tranche 2, (iii)my/our application for Tranche 2 Bonds under the Issue is subject to the applicable statutory and/or regulatory requirements in connection with the subscription to Indian securities by me/us, (iv) I/We am/are not persons resident outside India and/or foreign nationals within the meaning thereof under the Income Tax Act, 196 1, as amended and rule regulations, notifications and circulars issued thereunder, and (v) I/We have obtained the necessary statutory and/or regulatory permissions/consents/approvals in connection with applying for, subscribing to, or seeking allotment of Tranche 2 Bonds pursuant to the Issue.; Pl ease fi l l i n the Form i n Engl i sh usi ng BLOCK l etters Dated d d / m m / 2012

APPLICANTS' DETAILS NAME OF SOLE/FIRST APPLICANT Mr./Mrs./Ms.

ASHOK KUMAR GOSWAMI

RNA SPRINGS Telephone

Age years

ADDRESS (of Sole/ Firs t Applicant) FLAT NO 303-C WING 3RD FLOOR

CAMA ROAD ANDHERI WEST

City

MUMBAI

Pin Code
(Compulsory)

400058

E-mail: akg0405@yahoo.co.in

SECOND APPLICANT Mr./Ms./Ms. _________________________________________________ THIRD APPLICANT Mr./Ms./Ms. ___________________________________________________ PERMANENT ACCOUNT NUMBER-( Mandatory) See Instruction no. 22 (h) & 23 (9 ) SOLE/FIRST APPLICANT SECOND APPLICANT THIRD APPLICANT

AAAPG6400G

OTHER DETAILS OF SOLE/FIRST APPLICANT CATEGORY (Please ) Resident Indian individuals [no minors can apply] HUF through the Karta OPTION TO HOLD THE BONDS IN DEMATERIALISED FORM. DEPOSITORY PARTICIPANT DETAILS(Mandatory if opted for Tranche 2 Bonds in dematerialised form) Depository Name (Please ) Depository Participant Name DP - ID Beneficiary Account Number OPTION TO HOLD THE BONDS IN PHYSICAL FORM
(If this option is selected, the KYC Documents as mentioned in Instruction No. 31 are mandatory)

National Securities Depository Limited

Central Depository Services (India) Limited

(16 digit beneficiary A/c. No. to be mentioned above) NOMINATION Name of the Nominee: ________________________________________________

In terms of Section 8(1) of the Depositories Act, 1996 , I/we wish to hold the Tranche 2 Bonds in physical form. I/We hereby confirm that the information provided in "APPLICANTS' DETAILS" is true and correct. I/We enclose herewith as the KYC Documents, sel f attested copi es of PAN Card , Proof of Resi dence Address and a cancel l ed cheque of the bank account to which the amount pertaining to payment of refunds, interest and redemptions as applicable should be credited.

In case of Minor, Guardian: ____________________________________________ Bank Details for payment of Refund / Interest / Maturity Amount Bank Name: ____________ Branch: __________________ Account No.:____________ IFSC Code: ________________

Sole/First Applicant

Second Applicant 1 Annual 5,000/-

Third Applicant 2 C um ulative 5,000/COMMON TERMS OF THE ISSUE:

Issuer Rati ng Securi ty

INVESTMENT DETAILS
Tranche 2 Bonds Series Frequency of Interest payment Face Value & Issue Price (A) ( per Tranche 2 Bond) Minimum Application

: Infrastructure Development Finance Company Limited : "( ICRA) AAA" from ICRA and "Fi tch AAA( i nd) " from Fi tch : First pari passu floating charge over the Secured Assets and first
fixed pari passu charge over specified immovable properties of the Company more particularly as detailed in the section entitled "T erms of Issue -Security" on page 121 of Prospectus Tranche 2. 1.0 time the outstanding Tranche 2 - Bonds at any point of time. NSE and BSE IDBI Trusteeship Services Limited National Securities Depository Limited and Central Depository Services (India) Limited 1. Electronic Clearing Services; 2. At par cheques; 3. Demand drafts Dematerialized form or Physical form* as specified by the Applicant in Application Form herein. Dematerialized form only following expiry of the Lock-in Period

T wo (2) Tranche 2 Bonds and in m ultiples of one (1) Tranche 2 Bond thereafter. For the purpose fulfilling the requirem ent of m inim um subscription of two (2) Tranche 2 Bonds, an Applicant m ay choose to apply for two (2) Tranche 2 Bonds of the sam e series or two (2) Tranche 2 Bonds across different series. Yes

Buyback Facility Whether, Buyback Facility opted (Please ) Buyback Date Buyback Amount per Tranche 2 Bond Buyback Intimation Period

Securi ty Cover Li sti ng Debenture Trustee Deposi tori es Mode of Payment

: : : : : : : :

Date falling five years and one day from the Deem ed Date of Allotm ent 5,000/7,590/-

Issuance Tradi ng Deemed Date of Al l otment

The period beginning not before nine m onths prior to the Buyback Date and ending not later than six m onths prior to the Buyback Date 10 years from the Deem ed Date of Allotm ent 8.70% p.a. 5,000/8.70% 8.70% Series 1 N.A. 11,515/8.70% com pounded annually 8.70% com pounded annually Series 2

Maturity Date Interest Rate Maturity Amount per Tranche 2 Bond Yield on Maturity Yield on Buyback No of Tranche 2 Bonds applied for (B) Amount Payable ( ) (A x B)

Redempti on/Maturi ty: 10 years from the Deemed Date of Allotment Date Lock In Peri od : 5 years from the Deemed Date of Allotment Buyback Date : The date falling five years and one day from the Deemed Date of Allotment. SUBMISSION OF APPLICATION FORM: All Application Form s du ly com pleted an d

Th e Deem ed Date of Allotm en t sh all be th e date as m ay be determ in ed by th e Board of th e Com pan y an d n otified to th e Stock Exch an ges. Th e actu al allotm en t m ay occu r on a date oth er th an th e Deem ed Date of Allotm en t.

Total Number of Tranche 2 Bonds (1 + 2) Grand Total (1+2) ( ) Total Amount Payable ( in figures) ( in words)

accom pan ied by accou n t payee ch equ e/ dem an d draft for th e am ou n t payable on application ( an d th e KYC Docu m en ts in case of Applican ts wh o wish to su bscribe to th e Tran ch e 2 Bon ds in ph ysical form ) m u st be delivered before th e closin g of th e su bscription list to an y of th e Ban kers to th e Issu e du rin g th e Issu e Period. No separate receipts sh all be issu ed for th e m on ey payable on th e su bm ission of Application Form . However, th e collection cen tre of th e Ban kers to th e Issu e will ackn owledge th e receipt of th e Application Form s by stam pin g an d retu rn in g to th e Applican ts th e ackn owledgem en t slip. Th is ackn owledgem en t slip will serve as th e du plicate of th e Application Form for th e records of th e Applican t. Every applican t sh ou ld h old valid Perm an en t Accou n t Nu m ber ( PAN) an d m en tion th e sam e in th e Application Form . BASIS OF ALLOTMENT : Th e Com pan y sh all fin alise th e Basis of Allotm en t in con su ltation with th e Design ated Stock Exch an ge. Th e execu tive director ( or an y oth er sen ior official n om in ated) of th e Design ated Stock Exch an ge alon g with th e Lead Man agers, Co- Lead Man agers an d th e Registrar sh all be respon sible for en su rin g th at th e Basis of Allotm en t is fin alised in a fair an d proper m an n er. ( For fu rth er details, abou t th e basis of allotm en t, please see th e section en titled "Procedu re for Application -Basis of Allotm en t" on page 13 4 of th e Prospectu s Tran ch e 2 ) . *In terms of Regulation 4(2)(d) of the SEBI Debt Regulations, the Company will make public issue of the Tranche 2 Bonds in the dematerialised form. However, in terms of Section 8 (1) of the Depositories Act, the Company, at the request of the Applicants who wish to hold the Tranche 2 Bonds in physical form, will fulfill such request

PAYMENT DETAILS (See General Instruction no. 27) Cheque/Demand Draft No. _____________________ Dated _____________/ 2012 Drawn on Bank ________________________________________________________ Branch __________________________________________________________________
Please Note : Cheque / DD shoul d be dr awn i n favour of " IDFC In fra Bon ds - Tran ch e 2 " by all applican ts. It sh ou ld be crossed "A/c Payee on ly" . Please write th e sole/first Applican t' s n am e, ph on e n o. an d Application n o. on th e reverse of Ch equ e/DD.

Dem ograph ic details will be taken from th e records of th e Depositories for pu rpose of refu n ds, if an y In case of Application s for Tran ch e 2 Bon ds in ph ysical form th e dem ograph ic details will be as per th e KYC docu m en ts su bm itted alon g with th e Application Form

SOLE/FIRST APPLICANT SIGNATURE(S)

SECOND APPLICANT

THIRD APPLICANT

* * The Issue shall remain open for subscription during banking hours for the period indicated above, except that the Issue may close on such earlier date or extended date as may be decided by the Board subject to necessary approvals. In the event of an early closure or extension of the Issue, the Company shall ensure that notice of the same is provided to the prospective investors through newspaper advertisements on or before such earlier or extended date of Issue closure.

ACKNOWLEDGEMENT SLIP Note : Tranche 2 - Bonds eligible for benefit under section 8 0CCF of the Income Tax Act, 19 6 1 No. of Tranche 2 Bonds applied for (B)

INFRASTRUCTURE DEVELOPMENT FINANCE COMPANY LIMITED

Registered Office: KRM Tower, 8 th Floor, No.1, Harrin gton Road, Ch etpet, Ch en n ai 60 0 0 3 1 Tel: ( 9144) 45 64 40 0 0 ; Fax: ( 91 44) 45 64 40 2 2 ; Corporate Office: Nam an Ch am bers, C-3 2 , G-Block, Ban dra-Ku rla Com plex Ban dra ( East) , Mu m bai 40 0 0 5 1; Tel: ( 91 2 2 ) 42 2 2 2 0 0 0 ; Fax: ( 91 2 2 ) 2 65 4 0 3 5 4; Compliance Officer and Contact Person: Mah en dra N. Sh ah , Com pan y Secretary E-mail: in frabon dFY12 _2 @ idfc.com ; Website: www.idfc.com

Date d d / m m / 20 12

Application No.

Received From ___________________________________________________________________________________________________________________________________________ Series 1 2 Face Value (A) 5,000/5,000/A l l futur e communi cati on i n connecti on wi th thi s appl i cati on shoul d be addr essed to the Regi str ar to the I ssue KAR VY COM PUTERS HARE PRIVATE LIM ITED :U ni t: I DF C-I nfr abond (Tr anche 1), Pl ot no. 17-24, Vi thal r ao N agar M adhapur , H yder abad 500 081, Tel: (91 40) 4465 5000, Fax: (91 40) 2343 1551, Em ail: i dfc4. i nfr a@k ar vy. com, In vestor Grievan ce Em ail: ei nwar d. r i s@k ar vy. com, Website: www. k ar vy. com, Con tact Person : M r. M . M ur al i Kr i shna S EBI Registration No.: I N R000000221 Quoti ng ful l name of Sol e/Fi r st Appl i cant, Appl i cati on N o. , Type of opti ons appl i ed for , N umber of Tr anche 2 Bonds appl i ed for , Date, Bank and Br anch wher e the appl i cati on was submi tted and Cheque/Demand Dr aft N umber and name of the I ssui ng bank .

Amount Payable ( ) Cheque/Demand Draft No. ___________________Dated _______2012 (A x B) Drawn on (Name of the Bank and Branch)

Bank's Stamp & Date

Grand Total (1+2)

Acknowledgement is subject to realization of Cheque / Demand Draft.