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Very good article. Covers many points.

I have NRE savings, trading and demat account with ICICI (and ICICI Direct). I am not sure whether it is 3-in-1 or not, but they are linked and I presume their services must be under 3-in-1.

I have recently come to know about RKSV who charge flat Rs. 200/- per transaction. This is much cheaper than 1.25% that ICICI charges. How can I RKSV for brokerage and continue to ICICI for my normal bank operations?

Another doubt: if I place an order for 1000 shares but the RKSV is able to complete the transaction is 7 lots, will the charge 200/- or 1400/-

Also, how much time does it take for someone to transferring the activity of selling/buying shares from ICICI to RKSV?

Hi Skand,

1. Yes you can open a trading account with RKSV and link it with ICICI Bank Account.
You can also continue using ICICIDirect Demat Account but the transactions between RKSV trading account and ICICIDirect Demat account are not seamless. They have to be manual. That''s the reason its recommended to have Trading and Demat Account with RKSV.

2. If you place order of 1000 share in one single order, the brokerage charge is Rs 200 irrespective to how many transaction it took to complete the order at exchange.

Note that another broker ProStocks offer flat Rs 100 per trade.

Hope this will help.