The incident happened around midnight when his car collided with a trawler.
Mr Bhatti's son Jasraj Bhatti and two others including Vicky Donor's actress Yami Gautam's sister were injured.
Mr Bhatti's body has been taken to Jallandhar for post mortem.
He was on a promotional tour of his upcoming film Power Cut.
Mr Bhatti is known for his television series Flop Show and Ulta Pulta, which was a hit in the late 1980s and early 1990s.
Mr Bhatti has also done a few Hindi movies, he was seen in Aamir Khan and Kajol's Fanaa where he played the role of a guard named Jolly Good Singh.
Mr Bhatti's son Jasraj Bhatti and two others including Vicky Donor's actress Yami Gautam's sister were injured.
Mr Bhatti's body has been taken to Jallandhar for post mortem.
He was on a promotional tour of his upcoming film Power Cut.
Mr Bhatti is known for his television series Flop Show and Ulta Pulta, which was a hit in the late 1980s and early 1990s.
Mr Bhatti has also done a few Hindi movies, he was seen in Aamir Khan and Kajol's Fanaa where he played the role of a guard named Jolly Good Singh.
