NOT A STORY BUT A TRUE INCIDENT...

  Ramesh A
  karma level 13666


NOT A STORY BUT A TRUE INCIDENT 

An Indian man walks into a bank in 
New York City and asks for the loan officer. 
He tells the loan officer that he is going to India on business 
for two weeks and needs to borrow $5,000. 

The bank officer tells him that the bank 
will need some form of security for the loan, 
so the Indian man hands over the keys 
and documents of new Ferrari parked 
on the street in front of the bank. 
He produces the title and everything checks out. 
The loan officer agrees to accept 
the car as collateral for the loan. 

The bank's president and its officers 
all enjoy a good laugh at the Indian 
for using a $250,000 Ferrari 
as collateral against a $5,000 loan. 
An employee of the bank then 
drives the Ferrari into the bank's 
underground garage and parks it there. 

Two weeks later, the Indian returns, 
repays the $5,000 and the interest, 
which comes to $15.41. 
The loan officer says, 
"Sir, we are very happy to have had your business, 
and this transaction has worked out very nicely, 
but we are a little puzzled. 
While you were away, 
we checked you out and found that you are a multi millionaire. 
What puzzles us is, why would you bother to borrow "$5,000" ? 


The Indian replies: 


"Where else in New York City can I park my car 
for two weeks for only $15.41 
and expect it to be there when I return'" 

Ah, the mind of the Indian... 

This is why India is shining



Related Entries

106
votes
Story of a software engineer
by Pranav Kumar on Jun/13,2011 ( platinum user)
398
votes
How very true to life these are..
by Nutan Parab on Mar/21,2011 ( diamond user)
76
votes
Strange but true
by Ritvik Ohri on Jun/28,2012 ( diamond user)
78
votes
How true.
by Nma.Nadaf on Sep/14,2012 ( diamond user)
28
votes
A story without words....
by Maulik Patel on Dec/12,2012 ( diamond user)
73
votes
Moral of the story..
by Ramesh A on Apr/11,2013 ( diamond user)
48
votes
ZEN STORY - Blind Men and the Elephant
by Ramesh A on Nov/27,2012 ( diamond user)
230
votes
Some true facts
by Monika on Feb/04,2010 ( diamond user)
193
votes
FUTRUE MANAGEMENT JOKE-...Excellent
Admin on Feb/17,2007  
1 k
votes
Strange but true
Admin on Mar/24,2007  
1 k
votes
A LOVE STORY!!!!...... very cute one :-)
by Vicky on Aug/02,2010 ( diamond user)
171
votes
A Wonderful Story (SO TRUE)
by Mridula on Oct/02,2009 ( diamond user)
47
votes
Is it true?
by Nma.Nadaf on Sep/01,2014 ( diamond user)
79
votes
Tomato story
by Gejji Sanjeev on Mar/11,2010 ( diamond user)
180
votes
True facts abt butter n margarine
by Gejji Sanjeev on Apr/11,2010 ( diamond user)
424
votes
True friends
by Gejji Sanjeev on May/30,2010 ( diamond user)

Random Pics



Share this with friends

Your Name:
Your Email:

Friends Email: (Atleast 1)


Subscribe for more Fun

Receive best posts in your inbox.

Confirm email
Your Email



Add Your Comments

comments powered by Disqus
User generated content. Copyright respective owners wherever applicable. Contact - admin at binscorner