Labh Pancham Muhurat 2024: Significance And Rituals

Labh Pancham is an auspicious day celebrated as the last day of Diwali. It is very significant for people who want prosperity in their lives. Labh means profit, and Panchami means fifth. It is celebrated in the month of Kartik. It holds special value for business owners as this day is known to open ways for fortune.

Understanding the muhurat, significance, and rituals of this day in detail is essential to better understanding this festival and gaining blessings on it. 

Labh Pancham Date 2024

Let’s have a look at the Muhurat and Labh Pancham 2024 date. Here is a table to provide an insight into the timings of Labh Panchami. 

Also Read: Varuthini Ekadashi Significance, Story And More

Labh Panchami Meaning And Significance 

Labh Panchami comes on the fifth day of the Shukla Paksha of the month of Kartik. It is also called Gyan Panchami or Saubhagyah Panchami. Its meaning is associated with Goddess Lakshmi, and this festival represents profit. 

Labh Panchami is also celebrated as the last festival of Diwali in India. Saubhagyah Panchami increases happiness and fortune in life. Hence, Labh Panchami is known as Saubhagyah Panchami. 

On this day, worship of Lord Shiva fulfils all worldly desires and brings happiness and peace to the family, while worship of Lord Ganesha destroys all obstacles and gives prosperity and progress to business. 

Everyone wishes for family happiness and prosperity in the workplace. Therefore, this Saubhagya Panchami festival is an auspicious opportunity to get abundant energy to fulfil such desires.

Reason Behind Labh Panchami Celebration

Labh Panchami is associated with Diwali, the popular Hindu festival of lights. This day is considered to bring good fortune and benefits in life. Those who start a shop, business, or factory consider this day very auspicious. People especially start their new businesses. Every year, devotees eagerly wait for this festival.

Labha Panchami is considered to be the best day for luck and profit. It is believed that worship of Lord Ganesha on Labh Panchami brings benefits, fortune and success in life, home and business. Gains, good luck, advancement in life, business and family. This day is the New Year for traders in Gujarat. 

On this day, after celebrating the festival of Diwali, they start their work. Labha Panchami is also called Labha Pacham. Labh Panchami is also celebrated as the last festival of Diwali in India

Labh Panchami Rituals

To celebrate Labh Panchami properly, it is essential to perform the proper rituals. Let’s look at the rituals needed to appease God on Labh Panchami. 

• On Saubhagya Panchami or Labha Panchami, you must get up early in the morning and take a bath. 
• Wear red clothes and offer arghya to the sun.
• Worship Lord Shiva and Lord Ganesha with sandalwood, flowers, akshat and mauli at the auspicious muhurat.
• Offer Durva, Sindur and Modak to Lord Ganesha. Wrap the kalava on the betel nut and worship it as a symbol of Ganpati.
• Offer ashes and dhatura to Lord Shiva.
• Offer figs, lotus flowers, and white sweets to Goddess Lakshmi and chant the mantra Om Srim Srim Lakshmi Mahalakshmi Ayehi Sarva Saubhagyam Dehi Me Svaha.
• Worship your books on the occasion of Labh Panchami. 
• On the day of Labha Panchami, one should also donate food, clothes, money or other necessities to the poor and needy.

Fasting Rules On Labh Panchami

To ensure that your fast is devoid of any mistake it is necessary to make sure that you are following proper rules while fasting. Here, we present to you a proper list of rules that you are required to follow while fasting to attain blessings on this day.

• It is essential that you get up early in the morning and take a bath.
• Chant mantras in the praise of Lord Ganesh, Goddess Lakshmi and Lord Kuber. 
• Visit the temple and get involved in the Bhajans being performed.
• Meditate for a while and feel the presence of God
• Depending on your beliefs, you can keep the fast for a full day or half a day. 
• Get involved in charity during the fast. 
• Consume food that isn’t prohibited during the fast.
• You can complete your fast once you are done with the Pooja of Labh Panchami.

Also Read: Somvati Amavasya 2024: Significance, Vrat Katha and Rituals

Mantras To Chant This Labh Panchami 2024

It is believed that chanting these specific mantras during this Labh Panchami will in bringing in prosperity to your life. 

1. Ganesh Mantra: 

Om Gam Ganapataye Namaha

Chant the Ganesh mantra to remove obstacles and seek Lord Ganesha’s blessings for success.

2. Lakshmi Mantra: 

Om Shreem Mahalakshmiyei Namaha 

Chant this mantra to invoke the goddess of wealth and fortune.

3. Kubera Mantra:

 Om Yakshaya Kuberaaya Vaishravanaaya Dhanadhanyadi Padayeh

Chant the Kuber Mantra in order to attract financial blessings.

4. Maha Mrityunjaya Mantra:

Om Tryambakam Yajamahe, Sugandhim Pushtivardhanam, Urvarukamiva Bandhanan, Mrityor Mukshiya Maamritat.

 This mantra helps in warding off negative influences and brings in good luck.

Frequently Asked Questions (FAQs)

Also Read: Apara Ekadashi 2024: Know its Significance and Vrat Katha

For interesting Astrological Facts and Videos, follow us on Instagram and read your daily horoscope.