In 1988, at the peak of her career, Ambika married NRI Premkumar Menon and moved to the United States. The couple had two sons together. Her personal life is characterized by two marriages and subsequent divorces. She first married NRI Premkumar Menon in 1988, with whom she has two sons, Ramkeshav and Rishikesh. After her first marriage ended in divorce in 1996, she returned to India to resume her acting career.

Throughout her career, Ambika Pundai has worked with several co-stars who have turned into romantic partners on screen. Some of her notable pairings include:

Ambika did not just play the conventional "damsel in distress." The directors of the 1980s—including masters like K. Balachander, Bhathiraja, and S. P. Muthuraman—often cast her in specific narrative arcs that required strong acting chops. The Sacrificial Lover

These relationships not only added depth to the storylines but also elevated Ambika's status as a leading lady.

In conclusion, while Ambika Pundai has been a part of several romantic storylines on-screen, her personal life remains a mystery. The rumors about her relationships with co-stars have never been confirmed, and she seems to keep her personal life out of the spotlight.

In the year 2000, Ambika entered a second marriage with actor Ravikanth . This relationship was short-lived, and the couple legally separated just two years later in 2002. In subsequent media interviews, both parties have clarified their status, requesting the public and media to respect their privacy regarding past relationships.

Ambika Pundi has been a part of numerous iconic romantic films, often playing the lead female protagonist. Some of her notable romantic storylines include:

Ambika Pundi's contributions to Tamil cinema, particularly in the 1980s and 1990s, have been significant. Her on-screen romantic storylines have captivated audiences, and her off-screen relationships have been a subject of interest. As a veteran actress, she continues to be an inspiration to aspiring actors and a beloved figure in the Tamil film industry.

No discussion of Ambika's romantic filmography is complete without mentioning her younger sister, . In an unprecedented industry phenomenon, the two sisters dominated South Indian cinema simultaneously as top-tier heroines.

During her peak as a leading lady (1976–1989), Ambika was known for her romantic chemistry with several South Indian superstars: Kamal Haasan : She appeared in glamorous romantic roles alongside Kamal Haasan in hits such as Kaakki Sattai (1986), and Kadhal Parisu Rajinikanth : Ambika shared the screen with Rajinikanth

The legendary Tamil and Malayalam actress , who dominated the South Indian film industry in the 1980s, is often remembered for her expressive eyes, powerhouse performances, and her incredible chemistry with the top leading men of the era.

In 2000, Ambika entered a new chapter in her life by marrying actor .