ALSA Account definition
ALSA Account means an ICICI Bank’s savings account, through which at least one equated monthly instalment (“EMI”) is paid (either by giving standing instruction mandate or through post-dated cheque) towards repayment of ICICI Bank loan / facility and/or in which a minimum Monthly Average Balance (MAB) of Rs.10,000/- (Rs.5,000/- in selected cities*) is maintained.