He was 61 years old.
Pal, who had gone to Mumbai to visit his daughter, complained of chest pain at Mumbai airport during his return to Kolkata and was rushed to a hospital in Juhu but died around 4 am, his family said told the Press Trust of India news agency.
He had suffered from heart disorders and had been to hospitals several times for treatment during the past two years.
A two-term MP from Krishnanagar and MLA from Alipore, he is survived by his daughter and wife.
Pal stayed away from movies after CBI arrested him in the Rose Valley chit fund scam in December 2016 and was given bail after 13 months.
A romantic hero, having endeared himself to a Bengali audience since his first film Dadar Kirti in 1980, Pal became a known household name due to his lead roles in Saheb, Parabat Priya, Bhalobasa Bhalobasa, Anurager Choyan and Amar Bandhan.
He was awarded the Filmfare Award for Saheb in 1981.
Bengali veteran actor Ranjit Mallick described Pal’s death as “untimely”.
“I have not yet come to terms with the news. He was like my younger brother. Yes, he didn’t keep well for some time,” Mallick said.