Banana Brothers is a story of a young taxi driver Baldev Singh (Gursewak Mann) who migrates to US from Punjab to turn all his dreams into reality. There, he meets a Gujarati guy called Ketan Patel (Anupam Kher) who also nurses the same desire.
In an attempt to make quick bucks, they join hands to start a business. While trying to do so, they happen to meet a womanizer NRI producer Rajinder Kumar (Gulshan Grover). The film centres around the issue as to what happens to many Indians who leave their native land to try their luck in distant lands.