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

Which is faster, Heat or Cold ? Explain.

Heat or Cold ?

Asked by Neha on 23 Mar 2021


500 women soldiers are arranged in an array of ten rows and fifty columns in accordance with their respective heights. Now, the tallest woman from each row is asked to move out in the front. From them, the shortest one is labelled as Alpha. They are then asked to resume their original position.

Now, the shortest woman in each column is asked to come out in front. The tallest among them is labelled as Beta.

Can you find out if Alpha will be taller or Beta?

Asked by Neha on 16 Sep 2025

I know a ten-letter word in the English language which can be typed using only the top rows of the computer keyboard.

Asked by Neha on 18 May 2024


The doctor advised his patient to take a tablet after every fifteen minutes. He gave him five tablets in total.

How much time will he take to have all the five tablets?

Asked by Neha on 01 Aug 2023

There is an exact a week gap between Christmas and New Year. Hence, It is obvious that the new year that comes right after Christmas comes on the same day of the week.

A Strange thing happened in the Year 1777. Christmas occurs on Wednesday and New Year on Monday. How is that possible?

Asked by Neha on 19 Dec 2025

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


Many have heard it, but nobody has ever seen it, and it will not speak back until spoken to. What is it?

Asked by Neha on 22 Sep 2023

What are the next two letters in the following series and why?
W A T N T L I T F S _ _

*Hint: Check Puzzle Title

Asked by Neha on 12 May 2023

A Child was born in Lahore, Pakistan. Still, the child is not a Pakistani citizen. why?

Asked by Neha on 02 Mar 2023


Yesterday I fell from 30 feet high ladder but I don't get hurt. Why?

Asked by Neha on 11 May 2023

Hot Articles

Amazing Facts

Rubik’s Cube

The inventor of the Rubik’s Cube didn’t realize he’d built a puzzle until he scrambled it the first time and tried to restore it.