Varakatnam (transl. Dowry) is a 1969 Indian Telugu-language drama film, produced by N. Trivikrama Rao under the banner Ramakrishna & NAT Combines and directed by his older brother N. T. Rama Rao. It stars Rama Rao, Savitri and Krishna Kumari, with music composed by T. V. Raju. The film won the National Film Award for Best Feature Film in Telugu.

Nandamuri Taraka Rama Rao, often referred to by his initials NTR, was an Indian actor, filmmaker and politician who served as Chief Minister of Andhra Pradesh for seven years over three terms. He is considered one of the greatest, and most influential actors and filmmakers in the history of Indian cinema. He starred in over 300 films, predominantly in Telugu cinema, and was referred to as Viswa Vikhyatha Nata Sarvabhouma. Rao received three National Film Awards for co-producing Thodu Dongalu (1954) and Seetharama Kalyanam (1960) under National Art Theater, Madras, and for directing Varakatnam (1970).