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 Read less
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
Banking that rewards you
Discover our special and exclusive offers made for you
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
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
Explore other options for you
Trusted by thousands and handpicked for financial excellence
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 ₹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.
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.
