Security for money

An old man came into the bank and asked for a loan of 50,000 rupees. The bank employee started filling out the papers. “What are you going to do with this money?” he asked. “I will go to the city to sell the jewellery that I made.” “What do you have for the security of the loan?” “I don’t know, what is that?” the man said. “Well, security is something that has value and can cover the cost of the loan.

Do you have a car?” “Yes, a 1949 year truck.” “No, it won’t suit,” said the bank clerk. “Maybe you have livestock?” “Yes, I have a horse.” “How old is it?” the back clerk asked. “I don’t know,” the man replied. In the end the papers for the loan were filled and the man was given 50,000 rupees.

After a couple of weeks the man came to the bank again with a package of money. He counted the ones belonging to the bank and hid the other ones. “What are you going to do with the other money?” the clerk asked. “I will keep them in my house” the man answered. “You can make a deposit in our bank.” “I don’t know, what a deposit is?” the man said.

“Well, you give the money to the bank, bank takes care of it, and when you need money, you can take it.” The old man thought about it and asked: “Does the bank have something to give me in security for the money?”