my 2 cents as i am exploring & have 2 days before I open NRE-PIS account / demat account with broker,
lowest cost for NRE - PIS account is by YES bank
(compared with HDFC / SBI / Axis / Kotak / ICICI)
PIS opening charges - nil
Transaction fees per trade (buy / sell) - Rs. 100 per trade
Maintenance fees - Rs. 500
Min Balance required - zero
Lowest Brokerage charge i guess is from Zerodha (different than NRE - PIS account charge)
Planning to open with Zerodha…let me know if anybody else is more cheaper
Transaction fee per trade - 0.1% or Rs.200 (whichever is lower)
So, overall Rs. 100 from Bank + Rs.200 from broker - Rs.300 per trade - costly affair
It was zero as an RI through Zerodha / RKSV for me atleast