Wednesday, October 16

Tuesday, October 8

Collateral Security

Soon to be reality in your country?
 
An Illiterate Tribal went to a Bank for a Loan of 2,00,000/- to buy Buffaloes. 

The Branch Manager asked what Collateral Security will he offer. 

Since the Tribal didn't Understand the Concept, the Branch Manager explained in detail about Collateral Security. 

The tribal kept his house as Collateral and the Loan was sanctioned for 2,00,000/- @ 9% interest for 5 Years. 

In 6 months the Tribal repaid the entire Loan. The Branch Manager was very happy and asked him what he was doing with the excess Money in the hope of Getting his Deposits target fulfilled. 

The Tribal said he kept it in his house locker. 

The Manager then pitched for his Fixed deposit saying that the Bank will give 7% interest and that his Money will Grow. 

Now Came the interesting Part 

The Tribal asked him
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"What Collateral Security will Your Bank offer Me to keep my Money in Bank? 😂😂

The question needs to be asked now, only with the intention of safeguarding our own Money.

The best message received recently. Worth Sharing!!!

Hair style for trip to Rome!

A woman was at her hairdresser's getting her hair styled for a trip to Rome with her husband. She mentioned the trip to the hairdresser, who responded:

" Rome ? Why would anyone want to go there? It's crowded and dirty.. You're crazy to go to Rome . So, how are you getting there?"

"We're taking Aer lingus" was the reply. "We got a great rate!"

"Aer Lingus?" exclaimed the hairdresser. "That's a terrible airline. Their planes are old, their flight attendants are ugly, and they're always late. So, where are you staying in Rome?"

"We'll be at this exclusive little place over on Rome 's Tiber River called Teste."

"Don't go any further. I know that place. Everybody thinks its gonna be something special and exclusive, but it's really a dump."

"We're going to go to see the Vatican and maybe get to see the Pope.."

"That's rich," laughed the hairdresser. "You and a million other people trying to see him. He'll look the size of an ant. Boy, good luck on this lousy trip of yours. You're going to need it."

A month later, the woman again came in for a hairdo. The hairdresser asked her about her trip to me .

"It was wonderful," explained the woman, "not only were we on time in one of Aer Lingus's brand new planes, but it was overbooked and they bumped us up to Premier Class. The food and wine were wonderful and I had a handsome 28-year-old steward who waited on me hand and foot.

And the hotel was great! They'd just finished a multi million remodeling job, and now it's a jewel, the finest hotel in the city. They, too, were overbooked, so they apologized and gave us their owner's suite at no extra charge!"

"Well," muttered the hairdresser, "that's all well and good, but I know you didn't get to see the Pope."

"Actually, we were quite lucky, because as we toured the Vatican , a Swiss Guard tapped me on the shoulder, and explained that the Pope likes to meet some of the visitors and if I'd be so kind as to step into his private room and wait the Pope would personally greet me.

Sure enough, five minutes later, the Pope walked through the door and shook my hand! I knelt down and he spoke a few words to me."

"Oh, really! What'd he say ?"

He said: "Who f*cked up your hair?" 😂

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