Bhimsen married twice. His first wife was Sunanda Katti, the daughter of his maternal uncle, whom he married in 1944. He had four children from Sunanda; Raghavendra, Usha, Sumangala, and Anand. In 1951, he married Vatsala Mudholkar, his co-actor in the Kannada play Bhagya-Shree. Bigamous marriages among Hindus were prohibited by law in the Bombay Presidency; so he took up residency in Nagpur (capital of Central Province and Berar in 1951) where bigamy was allowed and married there for the second time. He did not divorce or separate from Sunanda. With Vatsala, he had three children; Jayant, Shubhada, and Shrinivas Joshi. Initially, both his wives and families lived together, but when this did not work out, his first wife moved out with the family to live in a rented house in Limayewadi in Sadashiv Peth, Pune, where Bhimsen continued to visit them.