Renowned Marathi filmmaker V Shantaram married thrice. His first marriage was to Vimla. He then married actress Jayashree, with whom he had three children – Marathi film director Kiran Chandra, actress Rajshree and Tejasri. His third wife, actress
Sandhya, was his co-star in Do Aankhen Barah Haath as well the heroine of his films like Jhanak Jhanak Payal Baaje, Navrang, Jal Bin Machli Nrutya Bin Bijli and Sehra.