Money Platinum Current Account

Karnataka Bank’s Money Platinum Current Account is perfect for big businesses and wealthy individuals. It’s made for companies and professionals who handle lots of money and need an account that can keep up. This account makes daily money tasks easier with its helpful features. It combines regular banking with modern online tools, so managing your business finances is straightforward and efficient. This is great for anyone looking for a top-level banking experience that covers all their needs, from everyday transactions to advanced financial management. It’s a go-to choice for successful businesses and individuals who expect the best from their bank. Read more

Why this account is for you

Focus on your business needs without worries

Deposit up to ₹10 lakh daily for free, ideal for large-scale businesses

Utilize complimentary e-tax payment options for direct, indirect, and commercial taxes

Maintain a monthly balance of ₹10 lakh and a daily balance of ₹5 lakh

Features

Enjoy unlimited features

Benefit from unlimited personalized cheque leaves, demand drafts and free interbank fund transfers through RTGS and NEFT each month.

Complimentary Platinum debit card

Receive a free Platinum Debit Card, offering wide-ranging transaction capabilities for both national and international usage.

Secure investments with ASBA

Utilize the ASBA facility for efficient and secure investment in IPOs, ensuring your funds are optimally managed.

Tools for customer payments

Enhance customer transaction experiences with POS machine facilities and secure online transactions through the payment gateway facility.

Advancing digital banking

Enjoy complete access to digital banking with internet and mobile platforms, paired with round-the-clock customer support through our 24x7 customer care center.

Minimum balance requirements

Maintain a monthly average balance of ₹10 lakh and a daily minimum balance of ₹5 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.

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Not sure which product is for you?

Let’s find the best fit together

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No hidden fees

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

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As easy as 1,2,3...

Apply for a Money Platinum Current Account in 3 simple steps

Step 1

Visit your nearest branch

Go to your nearest Karnataka Bank branch

Step 2

Start with your basic details

Provide your basic details and keep your documents handy

Step 3

We’ll take care of the rest

Our branch officials will notify you when your account is opened

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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

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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 ₹10,00,000 and a daily minimum balance of ₹5,00,000, 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.

The Platinum Debit Card provides global transaction capabilities, higher withdrawal limits, and exclusive benefits, making it ideal for businesses with international dealings or high spending needs.

You can transfer funds within Karnataka Bank for free, without any limits, making internal financial movements efficient and cost-effective.

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.

There are no limits on the number of cheques or demand drafts, so you won't incur extra charges regardless of your usage.

SMS alerts keep you informed about transactions in real-time, while e-statements provide a detailed and eco-friendly way to track your account activities. They offer the convenience of digital access to your transaction history, aiding in efficient financial record-keeping and analysis.

Maintaining a high account balance not only meets the account requirements but also positions your business favorably for additional banking privileges and potential credit offerings, enhancing your financial standing.

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 efficiencyElevate your business banking with Money Platinum, the pinnacle of current accounts offering a range of premium services. This account comes with a dedicated current account atm card, designed for businesses that require a higher level of banking service and support.

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.