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

In The Image Below Which clock is the odd one out?

Odd One Out Clock

Asked by Neha on 26 Jun 2026


You have a three-gallon and a five-gallon measuring device. You wish to measure out four gallons.

Asked by Neha on 09 Jan 2026

In a Society, there are over 100 flats.

Flat 1 is named the first flat.
Flat 2 is named the second flat.
Flat 3 is named the third flat. And So On.....

A visitor decides to walk through all the flats, and he finds all the flats except flat 62.
Anmol later founds that the locals of the town have given it another name.

What is the name of the Flat?

Asked by Neha on 05 Jun 2024


Jack was having a candle light dinner with his girlfriend. Suddenly a cold gush of wind entered through the open window and three of the ten candles were extinguished. Assuming that none of the other candles were extinguished.

How many candles are they left with in the end ?

Asked by Neha on 12 Dec 2020

I know a nine-letter word having only one vowel.
Do you ?

Asked by Neha on 19 Jun 2023

Which alphabet is a part of our body?

Asked by Neha on 03 Nov 2023


John and Jacob are twin brothers. One of them is a liar whereas the other one is a truth-teller.

I called their home number and one of them picked up.
I asked. 'Does John lie?' The person replied with a yes.

Whom did I talk with, John or Jacob?

Asked by Neha on 23 Nov 2024

The husband and wife were jogging in the morning. To match every two steps of the husband, the wife required three steps. If Both of them start with the here right foot. After how many steps do their left foot be together?

Asked by Neha on 08 Feb 2025

My thunder comes before lightning.
My lightning comes before my rain.
My rain dries up all the land it touches.

Who am I?

Asked by Neha on 14 Jul 2026


I have some blue and red sock in my drawer. I have a total of 4 socks. I pick 2 socks and the chance that I get a pair of red socks is 1/2.

What is the chance of picking a pair of blue socks?

Asked by Neha on 22 Mar 2023

Hot Articles

Amazing Facts

Artificial Intelligence

Artificial Intelligence has crushed all human records in the puzzle game “2048,” achieving a high score of 839,732 and beating the game in only 973 moves without using any undo.