Petlod is situated on the banks of Varna River, on the western-most boundary of Sangli District which it shares with Ratnagiri District. Prachitgarh is situated to north of Petlod.
Koyna Lake, Panhala, Jyotiba Hill, Dhudhavane Tiwari Waterfall and the pilgrim town of Sangameshwar are places of tourist interest nearby.