Money Ruby Current Account

The Money Ruby Current Account is ideal for growing medium-sized businesses, like hotels and transport operators. It's designed to handle larger transactions smoothly, with a monthly balance of ₹1,00,000. This account simplifies your business banking with features like high cash deposit limits and supporting your financial management with efficient fund transfers. With Money Ruby, your business gets the right tools for easy and professional financial handling. Read more

Why this account is for you

Focus on your business needs without worries

Full access to internet and mobile banking services with us

Benefit from the Platinum Debit Card, offering extensive transaction limits for your business needs

Deposit up to ₹3 lakh daily for free and manage cash flows

Enhanced cash transactions

Enjoy the ability to deposit up to ₹3 lakh daily at any branch or cash recycler, catering to businesses with significant cash dealings.

Cheque book advantage

Benefit from 100 free personalized cheque leaves each month, supporting your cheque-based transactions and collections efficiently.

Easy fund transfers

Avail of 60 free interbank transfers monthly via RTGS/NEFT, ensuring easy and efficient fund movement for your business.

Demand draft facility

Access up to 20 free demand drafts every month, with a high daily limit, to facilitate your large-scale financial transactions.

Platinum card features

Use the free Platinum Debit Card to enjoy higher transaction limits, enhancing your financial flexibility and business spending capabilities.

Minimum balance requirements

Maintain an minimum balance of ₹1 lakh to enjoy the full benefits of this account.

Free debit card for the first year

Enjoy a KBL debit card free of cost for the first year.

KBL Suraksha

KBL Suraksha is an unique personal accident insurance scheme for SB General Savings Account holders. Provided in partnership with Universal Sompo General Insurance Co. Ltd, this coverage protects you while you bank with us.

PMJJBY Scheme

Ensure social security with the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) scheme. Any Individual between the age group of 18–50 can enroll. Get up to ₹2 lakh sum assured in the event of death.

PMSBY Scheme

Insure yourself today with the Pradhan Mantri Suraksha Bima Yojana PMSBY scheme, covering any individual between the age group of 18–70, in the event of accidental death or handicapped for life.*


*Subject to the scheme conditions

Banking that rewards you 

Discover our special and exclusive offers made for you 

SaffronStays
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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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  • Set up a call on your time

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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 Ruby 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

As easy as

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

Money Pearl Current Account

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

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Got questions? We’ve got answers.

What is a Money Ruby Current Account?

Money Ruby is a current account for medium businesses. It helps manage big transactions and provides lots of free banking services to support your business.

You need to keep an average monthly balance of ₹1,00,000, which helps you use all the premium benefits we offer for your business.

No, you can deposit up to ₹3,00,000 daily without extra fees. It's great for businesses with a lot of daily cash transactions.

You get 100 free personalized cheque leaves every month, making it easier for you to handle cheque payments and collections.

The account offers 60 free interbank fund transfers each month via RTGS or NEFT, helping you move money effortlessly for business purposes.

Yes, you can create 20 free demand drafts per month with a daily limit of ₹5 lakhs, suitable for your important business payments.

The included Platinum Debit Card gives you higher limits for daily transactions, making it ideal for your growing business needs.

Yes, all your online and mobile transactions are free, so you can manage your finances digitally without extra costs.

Yes, you get free SMS alerts, e-statements, e-tax payment services, and more, all designed to make banking smoother for you.

ASBA (Applications Supported by Blocked Amount) is a facility that allows you to apply for IPOs or other investments without paying upfront. The amount stays in your account and gets blocked for the application. It's only debited if your application is successful. This feature is great for businesses looking to invest without impacting their cash flow.

The advantages of a Money Ruby 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. Maximize your business's potential with Money Ruby, the best current account for small business owners. It’s designed to meet the unique needs of burgeoning enterprises, streamlining your financial transactions and providing essential banking services.

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.

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.