The National Award-winning filmmaker, best known for his films like `Chandni Bar`, `Page 3`, `Traffic Signal` and `Fashion`, took to Twitter on Friday to share photographs of his felicitation.
In one image, Bhandarkar can be seen receiving the award from Zeba.
`Feeling honoured to receive the #rafipeer Memorial Award from veteran #Pakistani actress Zeba ji. #Lahore,` the `Heroine` director captioned the image.
He also shared the photograph of his trophy.
The 47-year-old is said to have received the award for his immense contribution in highlighting social issues in a sensitive manner and for portrayal of strong female protagonists in his films.
Feeling honoured to receive the #rafipeer Memorial Award from veteran #Pakistani actress Zeeba ji. #lahore pic.twitter.com/SC57lVtV4s
— Madhur Bhandarkar (@imbhandarkar) December 18, 2015
The three-day festival kicked off on Thursday, in which foreign films, especially Bhandarkar's `Chandni Bar`, came in for appreciation from the audience.
Apart from Bhandarkar, veteran actor Om Puri was also present at the gala to attend the screening of his film `My Son the Fanatic`.
The festival will end on Saturday.