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An EMI account, or Electronic Money Institution account, is a type of bank account offered by an Electronic Money Institution (EMI). EMI's are financial institutions that are authorized to issue electronic money, which is a type of payment instrument that can be used to make transactions and store value.

EMI accounts differ from regular bank accounts in several ways, including:

1. Authorization: EMIs are authorized by specific regulatory bodies, while regular banks are typically authorized by central banks or other government agencies.
2. Scope of services: EMIs typically offer a limited range of financial services, such as payment processing and electronic money issuance, while regular banks offer a wider range of services, including savings and loan products.
3. Regulation: EMIs are subject to specific regulatory requirements for electronic money institutions, while regular banks are subject to a wider range of regulatory requirements.
4. Risk: Regular bank accounts typically offer depositor protection and are backed by a government guarantee, while EMI accounts may not offer these protections and may be riskier for consumers.
5. Accessibility: EMI accounts may be easier to open and use for people who do not have access to traditional banking services, as they may have less strict eligibility requirements and may offer services through digital channels.