The study was carried out to investigate genetic nature and magnitude of gene effect for yield contributing character in groundnut by using six parameter model of generation mean analysis. Two crosses viz., SBXI × Phuleunnati and SBXI × Girnar 4 were made involving two parents during Kharif 2021. Six generations (P 1 , P 2 , F 1 , F 2 , BC 1 and BC 2 ) were obtained by mating two male parents with common female and further studied for nine quantitative characters. The significant analysis showed the presence of additive, dominant, and epistatic gene interactions. Hence F 1 , F 2, BC 1 and BC 2 generations of each cross were evaluated along with their parents to assess the nature of gene action involved for various characters which in turn helps in formulating an effective and sound breeding programme in groundnut. Additive gene action along with additive × additive (i) followed by dominance (h) was found significant for the characters viz., days to maturity, dry pod yield, shelling %, harvest index, sound mature kernel. For improvement of these characters, one should follow the simple selection in early segregating generations.For pod yield and its components, the dominant component (h) and dominance x dominance (l) gene interaction was found significant for most of the characters viz., days to maturity, dry pod yield per plant, shelling %, harvest index, these characters can be improved by postponing selection in later generations.