Loan to Park

A rich Indian into a New York city bank and asked for a loan officer, He said he was going to Europe on Business for two weeks and needed to borrow $ 5000. The loan officer said the bank would need some security for such loan.

The Indian then handed over the keys to a Rolls Royce that was parked on the street in front of the bank. Everything verified and the loan officer accepted the car as collateral for the loan. An employee then drove the Rolls in to the Banks underground garage and parked it there.

Two weeks later the Indian returned, repaid the $ 5000 and the interest, which came to $15.41. The officer said “ we do appreciate business and this transaction has worked out very nicely, but we are a bit puzzled while you were away, we checked & found that you are a Multi-Millionaire. “What puzzles is you would borrow $ 5000?”


The Indian replied:” Where else in the New York can I park my car for $ 15.41?

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