EMI is a fixed payment amount a borrower has to make to the lender at a specified day of the month on monthly basis.
Home Loan EMI is a fixed amount of payment that a borrower pays to a lender every month as a repayment for it.
Personal loan EMI is a fixed monthly amount that a borrower needs to make in order to repay the loan amount.
SIP is an organized approach to investing in which a small pre-decided amount is invested at regular intervals in the market.
