Loan against my Ferrari.

  nma.nadaf
  karma level 23100


An Indian man walks into the New York City bank

and asks for the loan officer. He tells the Loan Officer that he was going to India

for some business for 2 weeks and needs to

borrow $5,000. The Loan Officer tells him that the bank will need

Some form of security for the loan. So the Indian man hands over the keys and the

documents of the new Ferrari car parked on the

street in front of the bank. The loan officer consults the president of the bank,

Produces all the required items and everything

check out to be OK. The loan officer agrees to accept the car as a

security for the loan. The bank president and the Loan Officer had a

good laugh at the Indian

For keeping a $750,000 Ferrari as a security and

taking only $5,000 has a loan. An employee of the bank then drives the Ferrari

Into the banks underground garage and parks it

there. Two weeks later the Indian returns and pays

$5000 and the interest which comes to it $15.41. Seeing this, loan officer says, “Sir, we are very happy to have your business

And this transaction has worked out very nicely,

but we are a little puzzled.

While you are away, we checked you out and

Found out that you were a multi millionaire. What puzzled us was why would you bother to

borrow $5000?” The Indian replies

"Where else in the New York City can I park my

car for 2 weeks and

For only $15.41 and expect it to be there when I

return".

This is a true incident and the Indian is none other than... "VIJAY MALLYA



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