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Lease Rental Discounting is a tool to acquire loans from banks using rental receipts as collateral. The bank will examine long-term cashflow and provide the loan based on the exact amount. This loan is then payable by the rents promised.
Criteria for availing Lease Rental Discounting:
* One should be a resident of India and own some property they have rented commercially.
*The LRD applicant must be between 18 and 70 when applying for a loan.
*Good CIBIL or credit score shall be an added advantage
According to Bacon, ”Reading makes a full man; writing an exact man and conference a ready man: And reading, writing and conference make together an educated man”. In other words we can say that education makes anyone complete, accurate and worldly wise. So we can confidently say that education is necessary for the all-round development of the personality of a human being. He cannot hope for success, name, fame and prosperity in life without it. Even a nation would be devoid of any progress, if its citizens fail to have the benefits of education. H. L. Way Land has correctly said, “Universal suffrage, without universal education, would be a curse”.
An educated man will never find himself stranded in the midst of any difficulty. Education equips him with knowledge and skill which would enable him to make a good living, culminating in his being an ideal citizen. Thus it can be boldly claimed that education has awakened the mass all over the world.
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