Undertakings:
1. We hereby agree that we shall abide by the Rules and Regulations of the Association and
agree to the major decisions taken by the Association from time to time in the interest of
the Members.
2. We agree to pay the non-refundable Membership fee of Rs. 25,000/-
3. We agree to pay 30 paise per quintal of sugar produced during every crushing season
towards the annual subscription fee to the Association.
4. We further agree to contribute a non-refundable building fund towards a one-time payment
to the Association as per the crushing capacity of our unit.
a. Upto 2500 TCD – Rs. 2 lakhs
b. Upto 5000 TCD – Rs. 3 lakhs
c. Upto 7500 TCD – Rs. 4 lakhs
d. Above 7500 TCD – Rs. 5 lakhs
Bank Details:
The South Indian Sugar Mills Association
S.B.Account No.: 73790100002152
(IFSC Code: BARB0VJINFA)
at Bank of Baroda,
Infantry Road, Bengaluru-560001
Membership Terms and Agreement
01.By becoming a member of the Association, we commit to adhere to the Rules and Regulations of the Association. We also agree to support major decisions made by the Association in the best interest of its members.
02. We acknowledge and accept the payment of a non-refundable Membership fee of Rs. 25,000/-
We understand that we are obligated to pay an annual subscription fee to the Association, which amounts to 30 paise per quintal of sugar produced during each crushing season.
Additionally, we will make a non-refundable contribution to the Association’s building fund based on the crushing capacity of our unit.
For units with a crushing capacity up to 7500 TCD, the contribution is Rs. 4 lakhs.
For units with a crushing capacity up to 2500 TCD, the contribution is Rs. 2 lakhs.
For units with a crushing capacity Above 7500 TCD – Rs. 5 lakh.
For units with a crushing capacity up to 5000 TCD, the contribution is Rs. 3 lakhs.
Annual subscription fee: 30 paise per quintal of sugar produced.
One-time building fund contribution based on crushing capacity.