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

John drives to his office at 20km/hr. After reaching the office, he realizes that today is a holiday. He went back at an average speed of 30km/hr. Discounting the time spent in the stoppage what was the average speed of his journey?

Asked by Neha on 21 Apr 2025


Known by all without exception, Forever here, for your protection, Sometimes strong, sometimes weak, Right after the night I come - hot and chic. And while millions of miles away, I always get to you, I find my way. No life around could do without me, Can you guess what I might be?

Asked by Neha on 05 Apr 2022

It can't be seen, can't be felt, can't be heard, and can't be smelt.
It lies behind stars and under hills, And empty holes it fills.
It comes first and follows after, Ends life, and kills laughter.
What is it?

Asked by Neha on 17 May 2021


If you remove one from eleven, it becomes ten. If you remove one from nine, it becomes ten.

How is this possible?

Asked by Neha on 25 Sep 2023

There is a basket full of hats. Three are white and two are black. Three men, Tom, Tim, and Jim, each take a hat out of the basket and put it on their heads without seeing the hat they selected or the hats the other men selected. The men arrange themselves so Tom can see Tim and Jim’s hats, Tim can see Jim’s hat, and Jim can’t see anyone’s hat. Tom is asked what color his hat is and he says he doesn’t know. Tim is asked the same question, and he also doesn’t know. Finally, Jim is asked the question, and he does know. What colour is his hat?

Asked by Neha on 06 Jun 2025

I am a normal creature, but I have five hands. I can even have more but even then I will be considered normal.

Who am I?

Asked by Neha on 26 Dec 2024


Which tank will fill first?

Fill The Tank

Asked by Neha on 13 Jul 2021

John’s parents have three sons: Snap, Crackle, and what’s the name of the third son?

Asked by Neha on 14 Feb 2022

Can you count the number of quadrilaterals in the picture below?

Count the Quadrilaterals

Asked by Neha on 14 Mar 2023


If 5 cats catch 5 mice in 5 minutes, how long will it take one cat to catch a mouse?

Asked by Neha on 13 Sep 2021

Hot Articles

Amazing Facts

Jigsaw puzzles

Jigsaw puzzles soared in popularity during the great depression, as they provided a cheap, long-lasting, recyclable form of entertainment.