Money Diamond Current Account

Karnataka Bank's Money Diamond Current Account is designed for businesses like authorized jewelers and textile showrooms. This account has a balance that fits well with medium-sized businesses and makes handling money easy. It offers services like putting in a large amount of cash each day and lots of free banking options. This account helps businesses manage their money better, both in the bank and online. It’s a great choice for businesses looking to make their financial tasks simpler and more secure, supporting your growth and everyday needs. Read more

Why this account is for you

Focus on your business needs without worries

Deposit up to ₹4,00,000 daily for free, accommodating large business transactions

Enjoy the Platinum Debit Card with high withdrawal and POS limits, enhancing spending power

Comprehensive internet and mobile banking services for modern financial management

Features

High cash deposit limit

Deposit up to ₹4 lakh daily at any branch without extra fees, ideal for businesses with high cash inflow.

Superior cheque facility

Benefit from 150 personalized cheque leaves each month, facilitating your cheque-based transactions effectively.

Secure fund transfers

Avail 100 free interbank transfers monthly via RTGS/NEFT to streamline your large-scale fund movements.

Smooth demand drafts

Get up to 30 free demand drafts monthly from any branch, with a significant daily limit for your crucial financial transactions.

Special tools

Access ASBA, POS facilities, secure online payment gateways, and more for streamlined and efficient business financial management.

Minimum balance requirements

Maintain an minimum balance of ₹3 lakh to enjoy the full benefits of this account.

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 

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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 Diamond 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

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 ₹3,00,000, which helps you use all the premium 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 mPassBook app is a digital version of your passbook. It lets you track transactions and account balances on your mobile, providing real-time updates and helping you stay informed about your financial activities.

The free e-tax payment service allows you to pay direct, indirect, or commercial taxes online. This feature simplifies tax payments, saving you time and ensuring you meet your tax obligations without any hassle.

Yes, you can receive a mini-statement by giving a missed call to a designated number. It's a quick way to check recent transactions without needing internet access.

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.

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 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. Grow your company with Money Diamond, a current account structured for expanding businesses. This account simplifies the process to open bank account for company, offering flexibility and tailored banking solutions for your growing needs.

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.