It is a story of two boys Amar (Aamir Khan) and Prem (Salman Khan) who want to get rich quickly by taking all the short-cuts in the book. Amar is the son of an honest barber, Murli Manohar (Deven Verma) in Mumbai, while Prem is the son of Bankeylal Bhopali (Jagdeep), a hardworking tailor in Bhopal.

Both Amar and Prem sell their father's shop and house respectively, and zero in on a hill station where a beautiful wealthy heiress Raveena (Raveena Tandon) has come from London accompanied by her friend cum secretary Karishma (Karishma Kapoor) with the intention of getting married to a virtuous Indian. The lucky man to wed Raveena will inherit her father Ram Gopal Bajaj's (Paresh Rawal) entire wealth.

Amar and Prem see their get rich quick chance and woo Raveena, each trying to out do the other. Enter Teja (Paresh Rawal in a double role) whos sole ambition in life has been to grab his twin brother Ram Gopal Bajaj's millions. So Teja plants Bhalla. (Shehzad) and Robert (Vijoo Khote) in Raveena's house, to help him in fulfill his ambition.

As the story progresses it turns out to be a mad chase from Ram Gopal Bajaj's wealth, full of humour, romance thrills and chills. Will Raveena & Karishma see through Amar and Prem's mischievous intentions? Will Teja succeed in his motives? See it all in ANDAZ APNA APNA.