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Shoonya Demat Account: Secure Your Investments and Streamline Portfolio Management on Garv Thakur's Platform

 
 
 

Shoonya Demat Account Opening Charges and Details

In the Indian brokerage industry, Shoonya is a brand that believes in quality rather than brokerage and AMC. As a popular stockbroker of India, it aims to provide world-class services in a very affordable price as it is one of the stockbrokers of India who does not take any brokerage fees from their clients. If you move from traditional broker to technology-driven Shoonya then you can save 90% of the commission paid to the broker.

Shoonya demat account online facilitate you to invest in equity, currency, commodity, mutual fund and IPO as well as it offers various financial services such as free demat & trading account with zero AMC, investment banking, algo trading, corporate demat & trading account etc. Shoonya brokerage charges are zero. Shoonya 3 in 1 account facility is not available and for Shoonya demo you can watch videos on You tube.

How much money required to open demat account?

It does not levy any Shoonya Account Opening Charges:

Account

Charges

Demat Account Opening Charges

Rs 0

Demat AMC

Rs 0

 

Shoonya Demat Account Charges

Various other demat transactions are as follows.

Transaction

Charges

Demat Account Opening Charges

Nil

Account Maintenance Charges

Individual – Rs 0 per year

Corporate – Rs 1000 + GST (Payable upfront per year)

Inter Depositary Transfer (off-market trades)

Buy (Receive) – Nil

Sell (Debit) – Rs 9 (Including CDSL free)

Demat (Per certificate)

Rs 15 + Rs 99 courier charges

Transaction Charges per ISIN (Market Trades)

Buy (Receive) – Rs 0

Sell (Debit) – Rs 9 (including CDSL free)

Remat (Per ISIN)

Rs 15 + Rs 99 courier charges

Pledge per ISIN

Rs 25 + NSDL charges

Unpledge per ISIN

Rs 25 + NSDL charges

Courier charges per demat/demat request

Rs 99

Pledge Invocation per ISIN

Rs 19

Periodic statements

Email : Free | Physical : Rs 99 courier charges

Adhoc/Non-periodic statement

Email : Free | Physical : Rs 5 per page + Rs 99 courier charges

Delivery Instructions

First Booklet : Free | Additional : Rs 99 for 10 leaves

Failed Transactions

Rs 49 per transaction

Check Bounce

Rs 299

Modification in client information

Rs 19 per request

Delay payment charges

2% per month on T+2 days

Demat Closure account

Nil


Shoonya demat account review

Shoonya is a fintech company based in Chandigarh offering financial services to 14 nations across the world including Australia, Brazil and United Kingdom. Shoonya virtual account is provided to every client. Shoonya account opening does not offer demat 3 in 1 account and for Shoonya bank details visit Shoonya website.

Online demat account India

Shoonya provide the facility to trade or invest in BSE, NSE, MCX and NCDEX from a single trading account. Shoonya is a proud member of CDSL and provides depositary services to Indians and Non-Resident Indians (NRIs) across the globe.
Shoonya account opening offers margin/exposure of up to 10x for equity intraday trading.

Benefits of Opening an Demat Account at Shoonya

Shoonya demat account opening offers some excellent benefits which are as follows:
• Shoonya Depositary Participant SEBI registration no. – IN-DP-317-2017.
• Shoonya DP ID with CDSL – 12084300
• Zero charges for Shoonya online account opening.
• Shoonya demat opening have Zero brokerage to trade in any segment.
• Shoonya demat account has Zero demat AMC.
• 100% paperless account opening facility.
• Open Shoonya account to get Margin/exposure facility.
• Technical analysis software and tools.
• Ultra-fast mobile app through which you can trade from any place.
• Automated trading facility.
• Brokerage and Margin calculators are available.
• Online & offline account opening facility.
• Free call and trade services.
• 24/7/365 online support.
• Live chat option available.
• Zero hidden Shoonya option trading charges.

How to open Shoonya account?

Shoonya offers you to open online 2-in-1 account by uploading required documents:
• Visit official website of Shoonya.
• Click, Shoonya open demat account and register your name, email ID and phone number.
• For E-KYC, enter your name, email id, phone number, PAN number and date of birth.
• Another step is to verify the information pulled from central KYC registry (KRA).
• To fetch your details from UIDAI, validate your Aadhar OTP.
• Now, electronically sign the account opening documents.
• After confirmation to the eSigned form, you account will get open.
• In some cases, you may need to attach few documents such as PAN card, photo, bank statement etc.

Shoonya tpin can be generated by following set of instructions:
• Go to your profile section in SHOONYA app, from there click on "Generate eDIS PIN".
• Once done, you will receive TPIN on your registered mobile number and email.

Whereas, if you are using eDIS on SHOONYA mobile, you will receive the TPIN while authenticating shares, on your registered mobile and email details.

What is the minimum balance for demat account?

Since demat account is used to store shares in an electronic format and not money there is no minimum balance that you need to maintain. Before going to open a demat account you need to learn about the different types of Shoonya demat charges applied to demat account.

What is dp charges in demat account?

DP charges in Shoonya are Rs 9+GST per scrip. These charges are applicable only when you sell your holdings shares.

How to close Shoonya demat account?

Please find below process of account closing:
1. Log in to your PRISM portal
2. Go to the "Services" tab from the left side.
3. Click on "Online Account Close" tab.
4. Fill up the details and submit.
5. Shoonya will check and verify your ticket.
6. After verification, you need to digitally e-signed your closing form by entering the Aadhaar OTP.
7. After the E-signed, your account will be closed within 7 days.

Shoonya customer care number

To know about Shoonya payin charges and Shoonya account opening status contact at Shoonya helpline number +911726750000.





 Shoonya Open Demat Account 


Comments for Shoonya Demat Account: Secure Your Investments and Streamline Portfolio Management on Garv Thakur's Platform

71 comments

 

Frequently Asked Questions


No because profits of the F&O segment used to credited to the ledger’s next working day, so, you can’t use the profit amount on the same day for new positions.
Insufficient margin cause when cash margin is not as required margin.
You can transfer shares from your another demat account to Shoonya demat account by following below two steps: • Through DIS (Delivery Instruction Slip) – You can transfer your holdings or securities by filling DIS form and need to fill your DP details of Shoonya and submit it to the old broker. • Through CDSL Easiest – You can transfer your holdings or shares through CDSL Easiest.
Shoonya offered 1times margin in Future and options. Where Shoonya margin for option selling is not provided to its customers.
No, Shoonya only offers 2-in-1 account on its platform.
Yes, any NRI around the world can invest in Indian Share market through Shoonya.
It is totally free; you don’t need to pay single penny for opening of demat and trading account on Shoonya.
If traders trading without sufficient margin then net buy premium, physical delivery margin and market losses as prescribed by the exchanges.
Yes, you can place After Market Order (AMO) on Shoonya.
Margin Call is the value of a trader's margin account falls down then exchange's required amount that is when a margin call occurs.
When traders have not sufficient balance for trading in their account then they get rejection of Insufficient margin. Which they can't be able to trade due to less funds.
Yes, NRE or NRO account is necessary if you want to invest money in India or to collect the income generated in India in INR once you become an NRI.
That Margin what traders need to invest into account before trading on margin and selling short margin.
Insufficient margin cause when cash margin is not as required margin.
Square off timings are variable in different segments: • NSE CASH – 3:20 PM • NSE NFO – 3:25 PM • NSE CDS – 4:45 PM • NSE CDS cross currency – 4:45 PM • MCX (MAR to NOV) – 11:15 PM • MCX (DEC to FEB) – 11:40 PM
Yes, NRI account opening from USA is possible. NRIs in USA can open an NRI account online or by visiting any of the bank branches nearby.
On a repatriable basis, for investing in equity delivery, NRIs can link their trading accounts with Axis bank and Yes bank only while on a non-repatriable basis, for investing in derivative segment, NRIs can link with any bank with us.
NRI/PIO are allowed to open only one account with any designated bank (Preferred bank - Axis bank or Yes bank) in a prescribed format for PIS account. After that, bank will issue a PIS approval letter to the investor.
For Calculating Future and Options margin or others Shoonya provided Margin Calculator for calculating the margin in all segments in details.
E- Margin facility available on some limited stocks only offered by stock exchanges.
Yes, Shoonya offers semi and fully Algo trading on its platform.
Peak margin is that minimum margin which clients have in their accounts while placing order.
Traders can calculate Customer margin through using Margin calculator in Shoonya. Where you get details about Span, Exchange exposure and more.
For Calculating Future and Options margin or others Shoonya provided Margin Calculator for calculating the margin in all segments in details.
Option Margin is calculated by using margin calculator and then enter your share details with lot and price and it will update you margin details.
You can say margin shortfall amount the difference value between SEBI mandated margin and available margin. If Margin shortfall amount first time is Shoonya then traders need to pay penalty 1% of the amount.
When traders have not sufficient balance for trading in their account then they get rejection of Insufficient margin. Which they can't be able to trade due to less funds.
Shoonya is equipped with many unique features such as free demat & trading account opening, zero brokerage in every segment, zero clearing charges, zero commission on mutual fund, online account opening facility, trading software & tools etc.
Option Margin is calculated by using margin calculator and then enter your share details with lot and price and it will update you margin details.
Shoonya offered 1times margin in Future and options. Where Shoonya margin for option selling is not provided to its customers.
Insufficient margin cause when cash margin is not as required margin.
Traders can calculate Customer margin through using Margin calculator in Shoonya. Where you get details about Span, Exchange exposure and more.
If traders trading without sufficient margin then net buy premium, physical delivery margin and market losses as prescribed by the exchanges.
No, every service is available online and you can also visit the Shoonya’s head office located in Chandigarh (India) for any offline support.
Penny Stocks are those types of shares that are traded at a very low price below Rs 10 and are usually listed on a smaller exchange. Shoonya does not offer leverage on penny stocks.
First margin call will be given as soon as the MTM loss reaches 50% of the total available margin and client will be asked to submit fresh margin or reduce the positions. One the MTM reaches 80% , position will be squared off.
Shoonya does not offer online IPO application facility but while applying through your bank account, you can enter Shoonya Demat Account Number to get your allotted shares in your demat account.
Shoonya offer following products to NRIs: • Equity trading in BSE & NSE (Delivery based) • Trade in F&O segment • Direct Mutual Fund • Bonds
No, Shoonya does not charge any extra brokerage on cancelling and modifying an order. Transparency is the key quality of Shoonya.
Yes, Shoonya offers free call and trade facility i.e. you don’t need to pay single penny for call and trade facility.
E- Margin facility available on some limited stocks only offered by stock exchanges.