NRI trading

I am new to this forum and I have been trying to find post pertaining to NRI demat and trading and couldn't find much in this forum. Is there an NRI specific forum in traderji?

Specifically, I am trying to setup a NRE-PIS Demat and trading accounts. My experience with most private and public banks is that the trading commision is very high; since it is charged as a percentage of transaction value. I ran into Zerodha discount brokerage which charges a flat 20rs per transaction. So, I have decided to setup a NRE-PIS with Axis bank and Demat and brokerage with Zerodha. However, I am a little hesitant to go with this option with out any backup.

I understand that I am allowed to operate only one PIS approved NRE account per RBI guidelines. I am wondering if it is possible to keep two different Demat/trading accounts bound to a single NRE-PIS account? For example, would it be possible for me to open a 3-1 account with Axis bank and also open a Demat/Trading with Zerodha and use my NRE PIS from axis for the zerodha trading?


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