One day a businessman walked into a bank in Mumbai and asked for some loan assistance. He met a loan
officer and told him that he was going to Europe on business tour for two weeks and needed to borrow Rs. 3,
00,000. The bank officer told the businessman that according to the bank policies, the bank will need some
kind of security for such a loan. So the businessman handed over the keys to his car Porsche which was
parked on the street right in front of the bank. After all the formalities, the bank agreed to accept the car as
collateral for the loan. The bank employee drives the Porsche into the bank’s underground garage and parks
it there.
Two weeks later, the businessman returns and repays Rs. 3, 00,000 and the accumulated interest on the
same which was Rs 900. Puzzled, the loan officer asked the business “We are very happy to have had your
business, & the transaction too worked out smoothly, but I am a little confused. While you were away, we
researched about you out and found that you are a multimillionaire, then why would you bother to borrow
Rs. 3 lakhs? To this, the businessman chuckled and replied, “Where else in Mumbai can I park my car safely
for two weeks for just Rs. 900?”
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