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

What does this mean?

CCCCCCC

Asked by Neha on 19 May 2025


A man died and leaves Rs.10,000 in his will. There are 6 beneficiaries- his 3 sons and their wives. The 3 wives receive Rs.3960 of which Priyanka gets Rs.100 more than Tanu and Neha gets Rs.100 more than Priyanka.
Pramod gets twice as much as his wife, Tushar gets the same as his wife, and Prashant gets 50% more than his wife.

Who is married to whom?

Asked by Neha on 25 Aug 2024

One absent-minded ancient philosopher forgot to wind up his only clock in the house. He had no radio, TV, telephone, internet, or any other means for telling time. So he travelled on foot to his friend's place a few miles down the straight desert road. He stayed at his friend's house for the night and when he came back home, he knew how to set his clock. How did he know?

Asked by Neha on 29 Feb 2024


Rearrange the letters in "new door" to make one word.

Asked by Neha on 12 Dec 2023

John, Jack and Jill are in a desert. John doesn't like Jill and hence decides to murder him. He poisons the water supply of Jill. Since it is a desert area, Jill must drink or he will die of thirst.

Jack does not know of the actions of John and also decides to murder Jill. To succeed in his ill motives, he removes the water supply of Jill so he dies of thirst.

Jill dies due to thirst. Who murdered Jill?

Asked by Neha on 08 Aug 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


Spot 5 differences in two Christmas tree below:

Christmas Tree

Asked by Neha on 06 Jul 2021

People are waiting in line to board a 100-seat aeroplane. Steve is the first person in the line. He gets on the plane but suddenly can't remember what his seat number is, so he picks a seat at random. After that, each person who gets on the plane sits in their assigned seat if it's available, otherwise, they will choose an open seat at random to sit in. The flight is full and you are last in line. What is the probability that you get to sit in your assigned seat?

Asked by Neha on 13 Mar 2024

Five thieves looted a bank and they ran away in a car. The bank staff informed the police and they began the search of their car in their jeep. They found them on a road and chased them eventually catching them. The light that is used to fill the number plate was broken on the thieves' car. Also, the headlights of the jeep police were not working. How were the police able to catch the thieves then?

Asked by Neha on 28 Nov 2024


John and Jill are madly in love with each other. To remind Jill of his pure love, John wants to send her a ring by post but in their country where burglary is quite prominent, any package that is not locked comes under the risk of being stolen for the contents.

John and Jill possess many padlocks but neither one of them has the other key.

Can you find a way John can send the ring to Jill safely?

Asked by Neha on 03 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.