Yes, a non-Axis bank account holder can open a trading and demat account with Axis Securities and avail the Trade@20 Plan by paying an additional Rs 250 per month maintenance fee.
Axis bank Rs 20 per trade plan (Trade@20 Plan) is designed for 3-in-1 account holders who maintain a minimum 'Average Quarterly Balance' of Rs 75,000 in their linked Axis Bank account.