Shoonya Demat Account Review : Shoonya is a Zero-Brokerage trading platform offered by Finvasia, It is designed to provide cost-effective trading solutions. It mean Shoonya Demat Account can help to pay less brokearage and other things.
In This article we will know about Shoonya Demat Account and try to understand is it really Zero Brokerage demat account.
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Shoonya Demat Account Review 2025
My main aim is to do Review and try to know, is it realy provide zero very thing ? lets start !
Here’s why Shoonya stands out as a cost-effective trading platform as per their website:-
- Zero Brokerage on Delivery Trades – Investors can enjoy true value investing with absolutely no brokerage on all delivery trades across NSE & BSE.
- No Account Opening or AMC Charges – Start investing with zero account setup fees and no annual maintenance charges, making it ideal for both beginners and seasoned investors.
- Free Call & Trade Service – Unlike many brokers who charge for call-based order placements, Shoonya offers zero charges for placing trades over the phone.
- No Clearing Fees – Whether you trade small or large volumes, Shoonya charges zero clearing fees for NSE & BSE transactions.
I always recommend platforms that make investing simple and hassle-free. Shoonya’s account opening process is quick, seamless, and completely paperless. Here’s how you can get started:
Shoonya Demat Account Opening Process
- Visit the Shoonya website or mobile app
- Click on ‘Open Account’ and fill in your basic details
- Upload the required documents for verification
- Complete the eKYC (Know Your Customer) process online
- Once approved, you’ll receive your login credentials and can start trading!
Documents Required For Shoonya Demat Account
- PAN card
- Aadhaar card (for KYC verification)
- Bank proof (Cancelled cheque or bank statement)
- Passport-size photograph
Shoonya Demat Account Charges Breakdown
Shoonya offers a transparent and cost-effective pricing model across different trading segments. Below is a detailed breakdown of the charges for Equity Delivery, Intraday, Futures, and Options trading.
Brokerage Charges
- Equity Delivery – Zero brokerage, making it an excellent choice for long-term investors.
- Equity Intraday & Futures – 0.03% or ₹5 per executed order, whichever is lower.
- Equity Options – Flat ₹5 + GST per executed order, making it highly affordable for options traders.
STT/CTT (Securities Transaction Tax/Commodities Transaction Tax)
- Equity Delivery – 0.1% on both buy & sell transactions.
- Equity Intraday – 0.025% on the sell side only.
- Equity Futures – 0.02% on the sell side.
- Equity Options – 0.125% of the intrinsic value on exercised options and 0.1% on the sell side (on premium).
Transaction Charges
- Equity Delivery & Intraday – NSE: 0.00297%, BSE: 0.00375%.
- Equity Futures – NSE: 0.00173%, BSE: 0%.
- Equity Options – NSE: 0.03503% (on premium), BSE: 0.0325% (on premium).
SEBI Charges
A standard ₹10 per crore applies across all segments, ensuring regulatory compliance.
GST (Goods & Services Tax)
A flat 18% GST is applicable on the total of brokerage + SEBI charges + transaction charges across all segments.
Stamp Duty Charges
- Equity Delivery – 0.015% or ₹1500 per crore (buy side only).
- Equity Intraday – 0.003% or ₹300 per crore (buy side only).
- Equity Futures – 0.002% or ₹200 per crore (buy side only).
- Equity Options – 0.003% or ₹300 per crore (buy side only).
Shoonya Demat Account Brokerage Charges
Here’s the Shoonya Brokerage charges breakdown in a clear tabular format:
| Charges | Equity Delivery | Equity Intraday | Equity Futures | Equity Options |
|---|---|---|---|---|
| Brokerage | Zero | 0.03% or ₹5 (whichever is lower per executed order) | 0.03% or ₹5 (whichever is lower per executed order) | Flat ₹5 + GST per executed order |
| STT/CTT | 0.1% on buy & sell | 0.025% on the sell side | 0.02% on the sell side | 0.125% of intrinsic value on exercised options 0.1% on sell side (on premium) |
| Transaction Charges | NSE: 0.00297% BSE: 0.00375% | NSE: 0.00297% BSE: 0.00375% | NSE: 0.00173% BSE: 0% | NSE: 0.03503% (on premium) BSE: 0.0325% (on premium) |
| SEBI Charges | ₹10/crore | ₹10/crore | ₹10/crore | ₹10/crore |
| GST | 18% on (brokerage + SEBI charges + transaction charges) | 18% on (brokerage + SEBI charges + transaction charges) | 18% on (brokerage + SEBI charges + transaction charges) | 18% on (brokerage + SEBI charges + transaction charges) |
| Stamp Charges | 0.015% or ₹1500/crore (buy side) | 0.003% or ₹300/crore (buy side) | 0.002% or ₹200/crore (buy side) | 0.003% or ₹300/crore (buy side) |
Shoonya Demat Account Charges other charges
Here is the breakdown of Shoonya’s charges and fees:
| Charge Type | Details |
|---|---|
| Account Opening Fee | Free |
| Annual Maintenance Charge (AMC) | Zero (No AMC) |
| Depository Participant (DP) Charges | ₹9 per debit transaction (for selling stocks) |
| Stamp Duty | Varies by state and transaction type |
| SEBI Charges | ₹10 per crore on total turnover |
| GST (Goods & Services Tax) | 18% on (brokerage + transaction charges + SEBI charges) |
Shoonya Demat Account Customer Care Number
If you require assistance with your Shoonya Demat Account, you can reach their customer support through the following channels:
Phone Support:
- Client Support:
- +91 9779 902 002
- +91 8699 987 666 (Call & Trade)
- Alternate Support:
- +91 9779 097 777
- Support:
- +91 172 474 0000
- Customer Support:
- +91 172 675 0000
Email Support:
- General Queries:
- Customer Support:
Online Support:
- Live Chat:
- Available on the Shoonya website.
How to Close Your Shoonya Demat & Trading Account?
If you wish to close your Shoonya account, follow these steps:
Ensure No Holdings & No Pending Transactions
- Sell or transfer all shares from your Demat account.
- Square off or close any open positions in F&O, MCX, or Currency.
- Withdraw any remaining funds from your trading account.
Download the Account Closure Form
- Visit the Shoonya official website or contact customer support to request the account closure form.
- You may also get it from Shoonya’s Depository Participant (DP).
Fill Out the Closure Form
- Provide your Client ID, DP ID, and personal details.
- Mention the reason for closing the account.
- Sign the form as per the signature registered with Shoonya.
Submit the Form to Shoonya
- Send the physical form via courier to Shoonya’s registered office.
- Alternatively, check if Shoonya allows online account closure via email or e-sign.
Confirmation & Closure Processing
- Shoonya will verify your request and process the account closure.
- You may receive a confirmation email/SMS once your account is closed.
- The process usually takes 7-10 working days.
Important Notes:
No account closure charges (Check with Shoonya for any latest updates).
If you have a joint account, all holders must sign the closure request.
Ensure no pending dues, penalties, or obligations before submitting the request.