Lakshmi Panchami is celebrated on the 5th waxing lunar day of the Vedic month of chaitra to honor Lakshmi, the goddess of wealth, prosperity, and fortune.

In 2026, Lakshmi Panchami falls on 22nd/23rd March, 2026. (For local timings download the align27 app)

This day also is known as Shri Panchami. Shri is another name for Goddess Lakshmi.

If you seek to strengthen Venus in your birth chart, Lakshmi Panchami presents an opportune moment to do so.

Lakshmi Panchami Rituals

  1. Begin the day by offering flowers, particularly lotus flowers, and coconuts to Goddess Lakshmi. The coconut, referred to as Shri Phalam, symbolizes the fruit that is dear to Shri, another name for Lakshmi.
  2. The recitation or listening to Sri Suktam, a revered hymn dedicated to Goddess Lakshmi, is considered auspicious on Lakshmi Panchami.