APPLICANT’S UNDERTAKING I/We hereby agree and confirm that: 1. I/We have read, understood and agreed to the contents and terms and conditions of RELIANCE HOME FINANCE LIMITED, Shelf Prospectus dated December 15, 2016 and Tranche I Prospectus dated December 15, 2016 (“Prospectus”). 2. I/We hereby apply for allotment of the NCDs to me/us and the amount payable on application is remitted herewith. 3. I/We hereby agree to accept the NCDs applied for or such lesser number as may be allotted to me/us in accordance with the contents of the Prospectus subject to applicable statutory and/or regulatory requirements. 4. 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 as are necessary to carry out their duties in such capacity. 5. I am/We are Indian National(s) resident in India and I am/ we are not applying for the said NCDs as nominee(s) of any person resident outside India and/or Foreign National(s). 6. The application made by me/us does not exceed the investment limit on the maximum number of NCDs which may be held by me/us under applicable statutory and/or regulatory requirements. 7. In making my/our investment decision I/We have relied on my/our own examination of the RELIANCE HOME FINANCE LIMITED and the terms of the issue, including the merits and risks involved and my/our decision to make this application is solely based on disclosures contained in the Prospectus. 8. I/We have obtained the necessary statutory and/or regulatory permissions/approvals for applying for, subscribing to, and seeking allotment of the NCDs applied for. 9. Additional Undertaking, in case of ASBA Applicants: 1) I/We hereby undertake that I/We am/are an ASBA Applicant(s) as per applicable provisions of the SEBI Regulations; 2) In accordance with ASBA process provided in the SEBI Regulations and disclosed in the Prospectus, I/We authorize (a) the Lead Manager(s)/Consortium Members/Sub-Consortium Members and Trading Members (in Specified cities only) or the SCSBs, as the case may be, to do all acts as are necessary to make the Application in the Issue, including uploading my/our application, blocking or unblocking of funds in the bank account maintained with the SCSB as specified in the Application Form, transfer of funds to the Public Issue Account on receipt of instruction from the Lead Manager, Registrar to the Issue, after finalization of Basis of Allotment; and (b) the Registrar to the Issue to issue instruction to the SCSBs to unblock the funds in the specified bank account upon finalization of the Basis of Allotment. 3) In case the amount available in the specified Bank Account is insufficient as per the Application, the SCSB shall reject the Application. 10. Additional Undertaking in case the Applicant wishes to hold the NCDs in physical form: 1) In terms of Section (8)(1) of the Depositories Act, 1996, I/we wish to hold the NCDs in physical form. 2) I/We confirm that the information provided in this form is true and correct and I/We enclose herewith self attested copies of the KYC Documents. 3) I/We confirm that we do not hold any Demat Account. ISSUE RELATED INFORMATION FOR FILLING THE APPLICATION FORM KYC Documents: (To be submitted only for holding NCDs in Physical Form): Please provide the following documents along with the Application Form: (a) Self-attested copy of the PAN card; (b) Self-attested copy of your proof of residence. Any of the following documents shall be considered as a verifiable proof of residence: • ration card issued by the Government of India (“GOI”); or • valid driving license issued by any transport authority of the Republic of India; or • electricity bill (not older than three months); or • landline telephone bill (not older than three months); or • valid passport issued by the GoI; or • voter’s identity card issued by the GoI; or • passbook or latest bank statement issued by a bank operating in India; or • registered leave and license agreement or agreement for sale or rent agreement or fl at maintenance bill; or • AADHAR letter; or • life insurance policy. • Self-attested copy of a cancelled cheque of the bank account to which the amounts pertaining to payment of refunds, interest and redemption, as applicable, should be credited. (c) In absence of the cancelled cheque, the Company reserves the right to reject the Application or to consider the bank details given on the Application Form at its sole discretion. In such case the Company, Lead Managers and Registrar shall not be liable for any delays/ errors in payment of refund and/ or interest. For information pertaining to KYC Documents, please refer on page 17 of the Abridged Prospectus. Investor Categories: Category I (“Qualified Institutional Buyers”)/(“QIBs”) Sub Category Category II (“Corporates”) Sub Category Code Code Public Financial Institutions 11 Statutory bodies/corporations 23 Venture Capital Funds / Alternative Investment Funds, subject to investment conditions applicable to them under the 12 Public/Private Charitable/Religious Trusts 24 Securities and Exchange Board of India (Alternative Investment Funds) Regulations, 2012 Partnership firms in the name of partners 25 Scheduled commercial banks 13 Association of Persons 26 Mutual Funds 14 Co-operative banks incorporated in India 27 State industrial development corporations 15 Regional Rural Banks incorporated in India 28 Insurance companies registered with the IRDA 16 Scientific and/or industrial research organisations, which are authorised to invest in the 29 NCDs and its Sub Category Provident funds, pension funds with minimum corpus of ` 2500.00 lacs superannuation funds and gratuity funds, 17 Any other incorporated and/or unincorporated body of persons 58 which are authorised to invest in the NCDs Category III (“High Networth Individuals”)/(“HNIs”) The National Investment Fund set up by resolution F. No. 2/3/2005-DD-II dated November 23, 2005 of the GoI, 18 The following Investors applying for an amount aggregating to more than ` 10 lakhs published in the Gazette of India across all Series of NCDs in this Issue: Insurance funds set up and managed by the army, navy, or air force of the Union of India 19 Resident Indian Individuals 31 Insurance funds set up and managed by the Department of Posts, India 55 Hindu Undivided Families through the Karta 32 Indian Multilateral and bilateral development financial institutions 56 Category IV (“Retail Individual Investors”) /(“RIIs”) Category II (“Corporates”)* The following Investors applying for an amount aggregating upto and including ` 10 lakhs across all Series Companies within the meaning of section 2 (20) of the Companies Act 2013 20 of NCDs in this Issue: Limited Liability Partnerships registered under the provisions of the LLP Act 21 Resident individual Investors 41 Societies registered under the applicable laws in India 22 Hindu Undivided Families through the Karta 42 Series I II III IV Frequency of Interest Payment Annual Annual Annual Annual Nature of Instrument Secured Secured Secured Un-Secured Minimum Application ` 10,000 (10 NCDs) across all Series collectively In Multiples of thereafter ` 1,000 (1 NCD) Face Value of NCDs (` / NCD) ` 1,000 Issue Price (` / NCD) ` 1,000 Mode of Interest Payment Through various options available Tenor 3 years 5 years 10 years 15 years Coupon (%) for NCD Holders in Category I & Category II 8.70 8.90 9.00 9.25* Coupon (%) for NCD holders in Category III and Category IV 8.90 9.05 9.15 9.40* Effective Yield (per annum) for NCD Holders in Category 8.70 8.90 9.00 9.25 I & Category II Effective Yield (per annum) for NCD Holders in Category 8.90 9.05 9.15 9.40 III & Category IV Redemption Date 3 years from the Deemed Date of Allotment 5 years from the Deemed Date of Allotment 10 years from the Deemed Date of Allotment 15 years from the Deemed Date of Allotment Redemption Amount (`/NCD) ` 1,000 Security and Asset Cover The principal amount of the Secured NCDs proposed to be issued in terms of the Shelf Prospectus and the Tranche Prospectus together with all interest due on the NCDs in respect thereof shall be secured by way of first ranking pari passu charge in favour of the Debenture Trustee on specific present and future receivables/assets of our Company and our Promoter as may be decided mutually by our Company and the Debenture Trustee in the Secured Debenture Trust Deed. Our Company and Promoter will create and mainatain appropriate security in favour of the Debenture Trustee for the NCD Holders on the assets adequate to ensure 100% asset cover for the NCDs (along with the interest due thereon), which shall be free from any encumbrances. The Issuer reserves the right to sell or otherwise deal with the assets, including receivables, both present and future, including to create a charge on pari passu basis thereon for its present and future financial requirements, with prior permission of Debenture Trustee in this connection as provided for in the Secured Debenture Trust Deed (except where a minimum security cover of 1 (one) time on the principal amount and interest due thereon, is maintained). No security will be created for Un-Secured NCD in the nature of subordinated Debt. For further details, please refer to the section titled “Terms of the Issue – Security and Asset Cover” on page 50 of the Shelf Prospectus. Note: The company may exercise call option on the Un-secured NCDs after 10 years from the deemed date of allotment. * In the event our company does not exercise the call option as described under “Terms of the Issue - Put/ Call Option in relation to Un-Secured NCD Holders” on page 43 of the Tranche 1 Prospectus, a step-up of 25 bps above coupon after 10 years from Deemed Date of Allotment shall be payable on every subsequent coupon payment date.