The present paper will deal with the use for myth and folklore that Shashi Deshpande selected as her mode of expression to explore the inner recesses of woman-psyche who has been a mute witness from the ages of every suffering inflicted on her kind by no one else but her counterpart and the society that too often acts as a villain with all its means. The term 'Myth' is derived from the Greek word mythos, which simply means 'story'. It is a story has come to us travelling through the ages and retaining in it the knowledge and observation of so many generations through which it has passed. Accepted as history, it serves to explain the world-view of people. It also embodies a belief regarding some fact or phenomenon of experience. A store-house of all knowledge that resides in human mind from the very beginning, it attempts to explain how the world was created or why the world is the way that it is. Like allegory, myth usually is symbolic and extensive, including an entire work or story; though it no longer is necessarily specific to a single culture and pervasive in that culture.