Bank Loan

A Miser man decided to go on a vacation for a month. He goes to the bank and asks for a trip loan of $500. The bank officer asks the man that the loan can only be approved when he mortgage some valuable thing at the bank. Miser man mortgages his only car whose worth was a whopping $80000. The Bank officer laughed at him and approve the loan instantly. After vacation when the miser man returns, the bank officer asked him "Are you an idiot, why is your mortgage such an expensive car for such a short loan?".

Miser man replied with some reason and the bank officer agreed that the miser man is actually not an idiot.

What did miser man reply to the bank loan officer?.




Similar Riddles

You are an expert on paranormal activity and have been hired to locate a spirit haunting an old resort hotel. Strong signs indicate that the spirit lies behind one of four doors. The inscriptions on each door read as follows:

Door A: It's behind B or C
Door B: Its behind A or D
Door C: It's in here
Door D: It's not in here

Your psychic powers have told you three of the inscriptions are false, and one is true. Behind which door will you find the spirit?

Asked by Neha on 23 Oct 2023


Can you name three consecutive days without using the words Monday, Tuesday, Wednesday, Thursday, Friday, Saturday, or Sunday?

Asked by Neha on 24 Mar 2022

What's the next in the series?

H, Be, F, S, Mn, Kr, In, Gd, Tl, ?

Asked by Neha on 17 Oct 2023


Until it is measured, not known. Yet how you miss it when it has gone. What is it?

Asked by Neha on 30 Jul 2025

John was born on March 5, 1970, in Delhi, India. Jacob was born 25 days before John. The year when they took birth, Republic Day fell on Monday.

Can you find out on what day was Jacob born?

Asked by Neha on 24 Dec 2023

John asked Jack, "The time right now is 7 pm. Can you tell me what will be the time 23, 999, 995 hours later ?"

While Bella does not know the answer, do you ?

Asked by Neha on 22 Jun 2021


Which of the below owl is odd one out?

Find the odd

Asked by Neha on 22 May 2021

Can you find the odd number in the following?

2716, 4135, 5321 and 7145

Asked by Neha on 30 Mar 2023

There were two grandmothers and their two granddaughters.
There were two husbands and their two wives.
There were two fathers and their two daughters.
There were two mothers and their two sons.
There were two maidens and their two mothers.
There were two sisters and their two brothers.
Yet there are only six, who are buried here,
All are born legitimate and relationships clear.
How can this happen?

Asked by Neha on 15 Jun 2024


What famous saying does this rebus mean?

COME SERVED <---
COME SERVED
COME SERVED
COME SERVED
COME SERVED

Asked by Neha on 09 Sep 2023

Hot Articles

Amazing Facts

Crossword puzzles

In the 1920s, people feared that crossword puzzles would contribute to illiteracy.