Money Diamond Plus Current Account

The Money Diamond Plus current account is a special financial solution designed for thriving businesses, perfect for corporate entities, bustling merchants, luxurious hotels, top-notch contractors, specialized hospitals, and high net worth individuals. This account offers the ease of high daily cash deposits and withdrawals, which can be critical for companies who are in a fast-paced business environment. Experience banking that understands and adapts to your unique business, offering a suite of services that simplifies transactions while empowering your enterprise. Read more

Why this account is for you

Focus on your business needs without worries

Deposit up to ₹6,00,000 daily without extra fees, ideal for businesses with significant cash inflows

Receive continuous assistance through the 24x7 customer care center with IVR

Access the ASBA facility for efficient investment in IPOs, allowing funds to remain in your account

Features

Abundant cheque leaves

Access 200 free personalized cheque leaves monthly, perfectly suited for businesses with frequent cheque transactions.

Unlimited fund transfers

Benefit from unlimited free interbank transfers, making your large-scale financial operations more efficient.

Exclusive draft facility

Utilize up to 30 free demand drafts each month, with a high daily limit, ideal for major business payments.

Platinum card privileges

Enjoy a free Platinum Debit Card offering extensive daily withdrawal and POS transaction limits.

Special transaction solutions

Easily manage taxes, in-store sales, and online payments with our integrated e-tax, POS and payment gateway facilities.

Minimum balance requirements

Maintain a monthly average balance of ₹5 lakh and a daily minimum balance of ₹3 lakh.

Banking that rewards you 

Discover our special and exclusive offers made for you 

SaffronStays
SaffronStays logo

Book a minimum of 3 nights at SaffronStays and avail a 15% discount up to ₹15,000*

SaffronStays
SaffronStays logo

Book a minimum of 2 nights at SaffronStays and avail a 10% discount up to ₹7,500*

Paneer Wrap
Mc Delivery

Get Big Spicy Paneer Wrap/Big Spicy Chicken Wrap On Purchase of ₹ 399 

A century of trust, now at your fingertips

Travel, shop, or pay bills—all in one app. Experience KBL Mobile Plus today.

Available on Google Play Store and App Store.

Money Plus Current Account
Not sure which product is for you?

Let’s find the best fit together

  • No spam calls
  • Dedicated KBL experts
  • Set up a call on your time

No hidden fees

We prioritize clean and honest banking. What you see is what you get.

100%
transparent
& upfront

Documents required

Existing customer
  • PAN card
  • Aadhaar card
  • Udyam registration certificate
  • Customer ID or Debit card number
  • Scanned or soft copy of KYC documents
  • PAN card
  • Aadhaar card
  • Udyam registration certificate
  • Scanned or soft copy of KYC documents

As easy as 1,2,3...

Apply for a Money Diamond Plus Current Account in 3 simple steps

Step 1

Start with your basic details

Provide your basic details and keep your documents handy

Step 2

Verify your details

Verify your details and pay processing fees

Step 3

Upload documents

Upload the documents and wait for us to send you a confirmation

sb

Explore other options for you

Trusted by thousands and handpicked for financial excellence

Premium Current Account

  • Advanced digital tools
  • High cash limits
  • Special debit card

Money Pearl Current Account

  • High deposit limit
  • Easy fund transfers
  • Free Platinum debit card

Simplify banking with easy reads

Bite-sized resources that keep you informed

Financial wellness
A Guide to Budgeting and Saving with Your Bank

Blog
Boosting Resale Value on a Budget: The “Yes” and “No” List for Renovating

Blog
Financing Travel Adventures with Gold Loans

Blog
Top Tips for Negotiating the Best Gold Loan Interest Rates and Terms

Blog
7 Reasons It’s Time to Consider Taking a Business Loan

Blog
Beyond the Piggy Bank: Teaching Kids Financial Literacy

Blog
Unlocking Freedom: The Case for Owning a Car in the Age of Convenience

Blog
Is financing micro living with Home Loans recommended?

Blog
Myth Or Fact? Debunking Some Common Myths About Car Loans

Blog
6 Savings Account Mistakes to Avoid at All Costs

Blog
Common mistakes while availing personal loans and how to avoid them

Blog
5 Dos and Donts When Applying for Personal Loans

Blog
Leveraging Property-Based Loans for Business Growth

Blog
The Wisdom of Instant Gold Loans for Retired People - Unlock Financial Security

Blog
Dependancy Of Public Transport V/s Owning A Vehicle

Blog
Vehicle Loans for Aspiring Delivery Partners and Cab Drivers

Blog
Match made in banking heaven: Savings account edition

Blog
Furnishing your newlywed home with a Gold Loan

Blog
Financing Your Next Ride: A Guide to Buying Second-Hand Car with a Car Loan

Blog
Insta(nt) success: Business Loans for Small Businesses on Social Media

Blog
Is it Better to Buy an Apartment or an Independent House?

Blog
Earn more with vacation rentals over long-term renting: Loan against property

Blog
Navigating Personal Loans in your early 20s- Is it a Good Idea?

Blog
Savings Account: Breaking Norms and Building Wealth

Blog
Why should you go for a semi-furnished apartment?

blog
The Ultimate Guide to Savings Accounts

blog
Unlocking Financial Growth: The Ultimate Guide to Savings Accounts

Financial wellness
Empowering Your Financial Wellness: A Guide to Budgeting and Saving with Your Bank

Got questions? We’ve got answers.

What is ASBA in banking?

ASBA (Applications Supported by Blocked Amount) is a service for applying to IPOs or investments where your funds stay in your account but are blocked until your application is successful. It's a safe way to invest without affecting your liquid funds, ideal for businesses looking to expand their investment portfolio without hindering cash flow.

You need to keep an average monthly balance of ₹5,00,000 and a daily minimum balance of ₹3,00,000, which helps you use all the extra benefits we offer for your business.

The POS (Point of Sale) machine facility allows your business to accept card payments. It's a vital tool for retail businesses, making transactions smoother and more secure for both you and your customers.

Yes, you can deposit more than ₹6,00,000, but charges may apply beyond the free limit. This feature is beneficial for businesses with high daily cash turnovers.

The Platinum Debit Card has higher withdrawal and transaction limits, catering to businesses with substantial spending needs, offering both convenience and financial flexibility.

The 24x7 customer care centre provides round-the-clock support for your banking queries. With IVR and direct assistance, it ensures you can resolve issues and get information anytime, making your banking experience hassle-free.

The Platinum Debit Card comes with higher withdrawal and POS transaction limits. It's perfect for businesses needing to make large purchases or handle significant expenses.

SMS alerts keep you informed about transactions in real-time, while e-statements provide a detailed monthly record of your account activity. Both are essential for keeping track of your finances and ensuring everything is in order.

Yes, cash deposits through BNA (Bulk Note Acceptor) offer a 50% concession in charges beyond the free limit, reducing your costs for large cash deposits.

No, there are no charges for withdrawing cash via cheques at any branch. This facility is especially convenient for businesses that prefer cheque transactions.

The advantages of a current account

Current accounts at Karnataka Bank are tailored for businesses, traders, and professionals who require frequent banking transactions. These accounts offer high transaction limits, enabling seamless handling of day-to-day financial operations. There's no interest earned on these accounts, but the liquidity and flexibility they offer make them ideal for managing business finances. They often come with overdraft facilities, internet banking, and easy chequebook access, facilitating efficient cash flow management for businesses of all sizes with you open a current bank account online.

Karnataka Bank’s current accounts streamline your business transactions. With features like multi-location access, online payments, and real-time transaction tracking, managing business finances becomes more efficient and less time-consuming. The integration of these accounts with digital banking tools like the KBL Mobile Plus App ensures that you can oversee business transactions from anywhere, enhancing operational efficiency. With Money Diamond Plus, enjoy all the benefits of a current account with debit card, providing easy access to funds and seamless transactions. This account combines convenience with efficiency, offering a debit card for current account holders to manage business finances on-the-go.

Do maintain the minimum balance as required by your current account to avoid charges. Regularly monitor your account to track business cash flow and use the overdraft facility judiciously. Don't use your current account for personal expenses, as this can complicate your financial management and accounting. Ensure that all transactions are in compliance with the terms and conditions of the account to avoid any service disruptions..