She died yesterday at her residence in suburban Jogeshwari here.
"Mubarak Begum is no more with us. She passed away at 9.30 pm at her residence in Jogeshwari. She was unwell from quite sometime," a family member told PTI.
Begum, who gave scores of Hindi film songs and ghazals mainly during 1950s-70s, had not been keeping well for the last few years.
She made her Bollywood singing debut with 1949 film "Aiye" in which she had a solo track, "Mohe Aane Lagi Angdai Aaja Aaja", and "Aao Chale Sakhi Wahan" with melody queen Lata Mangeshkar.
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She sang "Woh Na Aayenge Palat Kar" in Bimal Roy's Devdas with music by Burman. Roy used her voice once again in Madhumati (1958), where she sang "Hum Haal E Dil Sunaenge" for music composer Salil Choudhury.
"Kabhi Tanhaiyon Mein Hamari Yaad Aayegi", the title song of Tanuja-starrer "Hamari Yaad Aayegi", remains one of Begum's most remembered tracks.
"Neend Ud Jaaye Teri", "Mujh ko Apne Gale Lagalo" and "Humein Dum Daike" with Asha Bhosle are among her other known songs.
In 2011, the Maharashtra government had sanctioned a financial aid of Rs one lakh for treatment of the singer.
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Meanwhile, Maharashtra Governor Vidyasagar Rao expressed grief over the demise of Begum.
In his condolence message, he said, "Legendary singer Mubarak Begum is remembered for singing scores of songs, duets and ghazals for Bollywood, mainly during the 1950s-1970s. She was an Indian vocalist who sang in Hindi and Urdu.
"On behalf of the people of Maharashtra and on my own behalf, I pay my respects to the memory of late Mubarak Begum and convey my condolence to the members of the bereaved family."