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

At a bar, three friends, Mr Green, Mr Red and Mr Blue, were having a drink. One man was wearing a red suit; one a green suit; and the other a blue suit. 'Have you noticed,' said the man in the blue suit, 'that although our suits have colours corresponding to our names, not one of us is wearing a suit that matches our own names?' Mr Red looked at the other two and said, 'You're absolutely correct. What colour suit is each man wearing?

Asked by Neha on 03 Dec 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 word of 12 alphabets.

* Alphabets 12, 4, 7, 2, 5 : Eastern beast of burden
* Alphabets 1, 8, 10, 9 are street made famous by Sinclair Lewis.
* Alphabets 11, 3, 6 are past.

On whole it means a person suffering from delusions of greatness.

What Is it ?

Asked by Neha on 05 Jul 2021


If I put in one canary per cage, I have one bird too many. If I put in two canaries per cage, I have one cage too many. How many cages and canaries do I have?

Asked by Neha on 05 Oct 2023

A king sentenced a man to the death sentence for some crime he had committed. Known for his kindness, the king told the culprit that he had a choice to die in a way he decides.

The culprit was clever and said something that saved him from death. What method do you think he must have chosen for his death?

Asked by Neha on 17 Oct 2025

You have four chains. Each chain has three links in it. Although it is difficult to cut the links, you wish to make a single loop with all 12 links. What is the fewest number of cuts you must make to accomplish this task?

Asked by Neha on 23 Apr 2022


Intelligence Agency need to break the vault but the problem is that they are not able to break the vault.

On the vault, a text is written as:

31 11 33 33 43 45
21 25
31 24 11 31 51 41

To Break the code Intelligence Agency brings a mathematician named Joseph.
Minutes later he deciphers the code.

Whats the code?

Asked by Neha on 14 May 2021

What brings you down but never up?

Asked by Neha on 22 Oct 2021

If we add four times the age of John four years from now to five times his age five years from now we get ten times his current age.

How old will John be two years from now?

Asked by Neha on 19 Jan 2025


John went to buy some expensive, foreign chocolates. He only had Rs 100 with him. When he reached the shop, he got out and know that on those chocolates, there was a 15% import duty and 5% VAT.

How much worth chocolate should he buy so that he can accommodate it in Rs 100?

Asked by Neha on 25 Oct 2024

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