Madhura Velankar-Satam (Marathi:मधुरा वेलणकर; born 8 October 1981) is an Indian actress. She is a four-time State Award winner who appears in Bollywood and Marathi movies and established herself as one of Marathi cinema's leading actresses.

She is known for critically acclaimed roles such as Gojiri’ in Sarivar Sari. She worked in Bollywood film Jajantaram Mamantaram as Rajkumari Amori (2003).

She worked in Marathi television serials. She performed as a dancer at Rashtrapati Bhavan (Marathi Taarka), Maharshta State Awards (performed since 2002), Zee Awards, V. Shantaram Awards, Hirkani Awards. She did more than 75 stage shows as a dancer and anchor.

Personal life
She married Abhijeet Satam. Her family includes father-in-law Shivaji Satam (famous for starring in Sony TV’s CID). Her father Pradeep Velankar is a Marathi actor.