A three-year study was conducted on an Ultisol to determine the water requirement, yield and fruit-quality traits of three ratoon crops (R1, R2, R3) of ‘Grande Naine’ banana (Musa acuminata Colla, AAA group) subjected to four levels of irrigation. The irrigation treatments were based on Class A pan factors ranging from 0.0 (rainfed) to 1.0 in increments of 0.25. When needed, drip irrigation was supplied three times a week on alternate days. Results showed significant (p < 0.01) irrigation treatment and crop effects on bunch weight, yield, bunch mean hand weight, weight and fruit diameter of the third and last hands, and length of fruits of the third hand. Highest marketable yield (47.9 t ha−1) was obtained from the R2 crop with water application according to a pan factor of 1.0. It was concluded that irrigating the crop according to a pan factor of 1.0 was sufficient to justify the investment of a drip-irrigation system for a farm in the mountain region.