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

How many bricks does it take to complete a building that is 15 feet wide, 30 feet deep, and 12 feet tall made of brick?

Asked by Neha on 23 Feb 2024


A man is walking down a road with a basket of eggs. As he
is walking he meets someone who buys one-half of his eggs
plus one-half of an egg.
He walks a little further and meets another person who buys
one-half of his eggs plus one-half of an egg.
After proceeding further he meets another person who buys
one-half of his eggs plus one half an egg. At this point, he
has sold all of his eggs, and he never broke an egg.
How many eggs did the man have to start with?

Asked by Neha on 06 Dec 2023

What month of the year has 28 days?

Asked by Neha on 08 May 2022


One fine day, an intellectual man came to the emperor's court with the aim of testing Birbal's wittiness. In order to do this, he challenged Birbal to answer his question and hence prove that he was as intelligent and witty as he was said to be.
He asked Birbal, Do you want me to ask one difficult question or a hundred easy ones?
Since both Akbar and Birbal had had a tough day and were eager to leave, Birbal hastily told the intellectual to ask him a single difficult question.
Intellectual: OK. Tell me what came first into the world, the egg or the chicken?
Of course, the chicken, Birbal replied with a smile.
This time with a note of victory in his voice, the intellectual asked Birbal, How will you demonstrate that?
What did Birbal say?

Asked by Neha on 17 May 2021

Andrew sees a very rare bird named "Ruppell's vulture". Soon Andrew was dead. Can you explain the mystery, Mr. Sherlock?

Asked by Neha on 13 Dec 2025

What part of Turkey has the most feathers?

Asked by Neha on 30 Dec 2025


what does the below math rebus puzzle mean?

Find the Rebus Meaning

Asked by Neha on 13 Nov 2023

What is the centre of gravity?

Asked by Neha on 10 Nov 2023

While sitting in the Car, John suddenly finds that one of the wheels was missing. John noticed that a killer is approaching towards him. John cannot get out of the car.

How will John escape?

Asked by Neha on 14 Jan 2021


The day before yesterday I was 25 and the next year I will be 28. This is true only one day in a year. What day is my birthday?

Asked by Neha on 07 Dec 2025

Hot Articles

Amazing Facts

Word ladder puzzle

The word ladder puzzle was invented by Lewis Carroll, author of Alice’s Adventures in Wonderland.