He was 88.
The former BJP state president recently visited ongoing Kumbh mela in Ujjain and took a holy dip in Kshipra river.
Later, he went to Indore where he developed fever following which he was admitted in a private hospital. He passed away this evening, family sources said.
He is survived by his wife, three sons, including Jaora MLA Rajendra Pandey, and four daughters.
His last rites will be performed at Jaora town tomorrow.
Pandey had represented Mandsaur Lok Sabha seat in Madhya Pradesh eight times during the 5th, 6th, 9th, 10th, 11th, 12th, 13th and 14th Lok Sabha.
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