1. A function is a subprogram written to perform certain computations and return a single value.
2. Functions must return a value (using the RETURN keyword), but for stored procedures this is not compulsory.
3. Stored procedures can use RETURN keyword but without any value being passed.
4. Functions could be used in SELECT statements, provided they don’t do any data manipulation. However, procedures cannot be included in SELECT statements.
5. A function can have only IN parameters, while stored procedures may have OUT or INOUT parameters.
6. A stored procedure can return multiple values using the OUT parameter or return no value at all.