Ashta Lakshmi (Ravali) is the only daughter of Bangaram (Kota Srinivasa Rao), a wealthy miser. She meets four friends who live carefree lives, living in a rented house owned by Chintamani (Tanikella Bharani) and falls in love with one of them, Raja (Srikanth). Vinodam shows the hilarious ways Raja tries to convince Bangaram with the help of his friends to agree to his wedding with Ashta Lakshmi.