CHAAND KE PAAR CHALO revolves around Chander [Saahib], a tourist photographer in Nainital, who stays with his parents [Alok Nath, Kanu Gill] and best friend, Johnny [Sanjay Narvekar]. While on his way to work one day, he hears a melodious voice. He is mesmerized by the beauty of Nirmala [Preeti Jhangiani], the stage dancer who has arrived with her uncle [Tej Sapru] and aunt [Himani Shivpuri]. He clicks her photos and later befriends her.
Chander always tells her of taking her across the moon and she in turn laughs at his tales. One day, Chander sells his studio and takes Nirmala 'across the moon and stars', to the city of dreams -- Mumbai. And from there her journey to stardom begins. She is renamed Garima.
Chander sells his camera and land in Nainital to raise funds. Deepak introduces Garima to a film director Arman Khan, who signs her in the lead role for his film. Now Garima has everything -- money, fame, name. Her secretary Kapoor [Shakti Kapoor] cannot stand Chander and finds ways to remove him from the path.
He succeeds finally and throws Chander out of Garima's house. Chander's friend advises him to return to Nainital. On returning, Chander learns of his father's demise and also that his mother is staying with his friend Johnny. Johnny advises Chander to start life afresh and returns back his camera.
Chander returns to his old job -- tourist photography. He happens to see Garima where he had seen her first. Garima follows Chander and tries to talk to him. He asks him to return back. She finally wins Chander back.