This study gives a full critical look at the folktales of Maharashtra, focusing on their unique cultural, religious, and social aspects. Marathi folktales are similar to folktales from throughout the world in some ways, but they are very much based on Hindu traditions and the Marathi way of life. The study divides the stories into seven main groups: myths, fairy tales, legends, romantic tales, fables, joyful tales, and cumulative tales. It gives samples of each kind. These stories not only have mystical aspects and magical themes, but they also give a detailed picture of everyday life, caste relationships, and gender roles in traditional Maharashtrian culture. The stories' symbolism, character archetypes, and cultural values are very important. The report also talks about the history of collecting and writing down folktales in Maharashtra, mentioning important people who have helped the area. In the end, the study shows that Marathi folktales are important for maintaining regional identity, moral lessons, and social and religious continuity.