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  MIND OF AN INDIAN INDAI SHINING   No Nickels Awarded
Tagged with:    [Post New]posted on 8 May 2007 14:03:03 IST    
IT IS NOT A STORY BUT A TRUE INCIDENT THAT HAPPENED IN AMERICA.


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
About the Author:
ankur.kkhurana (922)

Blazing goIITian

Olaaa!! Perrrfect answer. 158  bad job dude!! I dont approve of this answer! 1  [226 rates]

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Jyothi
Jyothi is offline comment by Jyothi    (posted on 8 May 2007 14:06:35 IST)
hehe..........good post .....Ankur
ankur.kkhurana
ankur.kkhurana is offline comment by ankur.kkhurana    (posted on 8 May 2007 23:14:56 IST)
thank you
amitsingh
amitsingh is offline comment by amitsingh    (posted on 9 May 2007 05:00:31 IST)
Nice one but already posted few days before
neeraj_agarwal_1990
neeraj_agarwal_1990 is offline comment by neeraj_agarwal_1990    (posted on 11 May 2007 14:03:48 IST)
Ha ha ha HA,,,,,....
surbhihablani_1
surbhihablani_1 is offline comment by surbhihablani_1    (posted on 11 May 2007 14:14:29 IST)
gud one buddyy!!!
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