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
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.
No hidden fees
We prioritize clean and honest banking. What you see is what you get.
100%
transparent
& upfront
Documents required
- 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
Explore other options for you
Trusted by thousands and handpicked for financial excellence
Simplify banking with easy reads
Bite-sized resources that keep you informed
Got questions? We’ve got answers.
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.
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..
