Banjo featuring Riteish Deshmukh and Nargis Fakhri, is set in Mumbai and revolves around a local orchestra band’s journey to stardom. This is the first time that Riteish Deshmukh goes massy in Bollywood after successfully doing so in the Marathi film, Lai Bhaari. The movie revolves around Nargis and Riteish.

Chris (Nargis Fakhri), a musician based in New York hears a song from a local banjo band in Mumbai sent by her friend, Mikey (Luke Kenny). Wanting to use them to record two singles and participate in some music festival, she arrives in Mumbai to find the band.

Sent to the slums of Dharavi by her friend’s uncle for an assignment, she meets Taraat (Riteish Deshmukh) and his friends, Grease (Dharmesh Yelande), Paper (Aditya Kumar) and Vajaya (Ram Menon). At first, she doesn’t know that the lovelorn Taraat and his friends are the band members she is looking for. Once she finds out their musical talents, she convinces them to record those songs while also playing at an esteemed club. Taraat and his gang have many issues to battle, including a rivalry with a fellow Banjo player. Taraat likes Chris but is ashamed of his financial condition. Also since banjo players are mostly street musicians and are not respected enough, he refuses to acknowledge his talent in front of her.

She gets them a gig at a posh club but his rival frames him for attacking a politician and gets Taraat arrested. Cops tell Chris that he is a recovery agent and works for crooks but she believes in him. Taraat loses the old man, who he considers as his father. This saddens him and he refuses to associate himself with Chris, given their social backgrounds. She leaves for the US disappointed. He realises his mistake and decides to participate in the contest that Chris wanted him to. He wins people over and leaves for the US with his gang to meet his lady-love. However, with a jealous rival, land mafia and a lecherous studio manager involved, their musical journey is full of bumps and cracks like the narrative of the film.