Badhalabandee Vara Prasad alias Bava is a very big miser, his wife Jayalakshmi (Divyavani) is a spendthrift woman. Jaya not able to tolerate her husband's stingy attitude and leaves the house when she is pregnant. After 7 years she comes and joins for rent at her husband's side house along with the child Sridhar (Master Baladitya). The child gets all the hereditary stingy qualities of his father. Rest of the story is how the child reunites his parents.