Rani Mahal is a palace in Jhansi which was built by Raghunath-II Newalkar of the Newalkar family, which reigned from 1769-1796. Later on, this palace became one of the residences of Rani Lakshmibai. Now a converted Museum in the memory of the Queen, displaying her life's memory and also archaeological evidences of the era belonging to 9th to 12th century that were discovered in recent times. Located at Manik Chowk in Jhansi it is about 2 km from the mapped center of Jhansi and can be reached in under 10 minutes via the Nagar Nigam Road.

The palace has an open courtyard with arched chambers around it that is completely different from the typical Bundelkhand architecture. The palace was one of the main centres of the Great Sepoy Mutiny of 1857. The Rani Mahal is decorated with colourful paintings. The palace also has a Durbar Hall located in the second floor that has a genuine painted wood-panelled ceiling. Architecturally it is a flat-roofed, two-storeyed building having a quadrangular courtyard with a small well and one fountain on opposing sides. The palace consists of six halls and parallel corridors with multi-foiled arches and a number of small rooms. The Darbar Hall, approached by a flight of steps, is beautifully decorated with paintings in bright colours exhibiting various floral, faunal and geometrical motifs. The arches are embellished with peacock and rosette patterns.

The major part of the Rani Mahal was damaged by British bombardment during the Indian Rebellion of 1857. The ground floor of the palace houses stone sculptures collected from Madanpur, Barua Sagar, Dudhai and Chandpur dating from the Gupta to Medieval periods of the 9th to 12th centuries. Rani Mahal served as a major station for the Indian Rebellion of 1857 with Rani Lakshmibai leading the charge from Jhansi, the East India Company to suppress the Rebellion bombarded several points and even the Rani Mahal. The Palace has vast history with relation to India's fight for freedom and the hardships every resident of the country faced before they won their freedom.

The try fee is INR 15 for Indian Tourists and INR 200 for Foreigner tourists. The Palace can be visited during timings 6:00 AM - 6:00 PM.