She gave up superstardom in 1973, when she ruled the box-office, to become wife to Amitabh Bachchan and subsequently mother to Shweta and Abhishek.
"Everyone saw it as a big sacrifice and painted me as mother India. But the fact is, I did what I wanted to. There was no martryrdom involved because I am not that kind of a person. No one can make me do what I don't want to, " she said.
The pioneering performer heralded naturalistic acting into mainstream Hindi cinema. Before her, there was Nutan, and after her there are Smita Patil and Shabana Azmi.
But Jaya occupies a unique position. When she came into the movies with her two back-to-back performances in "Guddi" and "Uphaar" in 1971, Jaya's complete denial of 'filmy' glamour became a trend-setting phenomenon.
While one tends to think of Jaya Bhaduri as the actress in a crumpled cotton sari and loose hair playing authentic middle-class characters in middle-of-the-road movies by Hrishikesh Mukherjee, Asit Sen, Gulzar and Anil Ganguly, she, in fact, created a fashion statement.
In 1972-73, her hairstyle and specially-designed blouses with puffed sleeves, became a rage among women in the country. Jaya was a fashion icon.
"Oh, I thought other actresses were fashion icons. I was just Jaya, " she laughed uproariously.
"I just wore and did what seemed right for me. To me, the thought of doing anything that doesn't come naturally to me, seems unacceptable, " she said.
Everyone sees Abhishek as his father's son when, in fact, he has more of his mother than his father in him. The smile and those eyes -- they have been bequeathed to the Bachchan heir by his illustrious mother, who at one point in the history of cinema was very huge.
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So far, she has been seen with her son only once in a Bengali film called "Des", where she played a social crusader who is about to be whisked out of the country by her NRI son. Abhishek played the son.
What needs reiteration is the intense success-streak that she enjoyed from 1971 to 1973, right up to Hrishikesh Mukherjee's "Abhimaan", "Mili" and "Chupke Chupke" -- all three with her husband -- before she called it quits.
Virtually every film that she consented to do made money at the box office. For a while it seemed there was no other leading lady except Hema Malini to challenge Jaya's reign at the top.
"I never thought of all that. I just did the quality and quantity of work that suited me. Then I moved on to look after my home and family. Today when the two boys in my life don't need my presence, compulsively I have taken on the responsibility of being a Rajya Sabha member. That's so no self-indulgence for me. I take my job as parliamentarian very seriously, " she said.
And films?
"Where are the roles? Show me challenging roles for an actress my age and I am game, as I was for 'Hazaar Chaurasi Ki Maa' or even 'Kabhi Khushi Kabhie Gham' and 'Kal Ho Naa Ho', where I didn't have much to do in terms of footage. But at least there was space for me to breathe in the script, " she said.