Maine Pyar Kiya won four Filmfare Awards in 1990, including Best Film for producer Tarachand Barjatya. Salman Khan was also nominated for Best Actor, and won the Best Debut award for his performance.
The Maine Pyar Kiya soundtrack was very successful in India. Suman's role was sung by the famous playback singer Lata Mangeshkar; S.P Balasubramaniam sang for Prem. The opening track, Aate Jaate, is said to have been inspired by Stevie Wonder's 1984 single, I Just Called to Say I Love You, while the track Mere Rang Mein Rangne Wali was directly inspired by Swedish rock band Europe's 1986 single, The Final Countdown and theme from Love Story's Where Do I Begin. The track Antakshri was a medley of various Bollywood songs based on the Antakshari game, which was popularized with this film's release. The remaining tracks, including the popular Dil Deewana, were original compositions.