Labh Pancham 2024 – Labh Panchami

Labh Pancham or Labh Panchami is celebrated on the fifth day of the Hindu calendar. Labh means ‘profit’ and ‘good luck’, and Pancham means ‘fifth’, in the Shukla Paksha of Kartik month. Labh Pancham is also known as ‘Lakhani Panchami’, ‘Gyan Panchami’, and ‘Saubhagya Panchami’. Labh Pancham usually falls a week after Kali Chaudas and five days after Diwali. On this day, devotees worship Lord Ganesha and Goddess Lakshmi and open their accounts on the auspicious day of Labh Panchami. 

Labh Pancham Meaning

The words Shubh and Labh play an important role during Labh Panchami celebrations. Shubh signifies auspiciousness while Labh signifies profit. Businessmen write Shubh and Labh on the first page of the book and draw a swastika between these two words. There is a tradition of visiting friends and relatives from the day of Diwali to Labh Pancham. It is also a time to renew the good relations between all of them. Sweets and other gifts are exchanged on Labh Pancham, which symbolizes the sweetness in the relations with each other.

Labh Pancham 2024 Date

Labh Pancham Tithi: Wednesday, 6 November 2024

Labh Pancham Muhurat 2024: 06:37 am to 10:15 am

Panchami Tithi Start: 06 November 2024 at 12:16 pm

Panchami Tithi End: 07 November 2024 at 12:41 am

Labh Pancham Puja vidhi

• On the day of Saubhagya Panchami or Labh Panchami, wake up early in the morning, take a bath, wear red clothes, and offer water to the Sun God.

• Then worship Lord Shiva and Lord Ganesha with sandalwood, flowers, Akshat, and Mauli in the auspicious time.

• Offer Durva, Sindoor, and Modak to Lord Ganesha.

• Offer Bhasma and Dhatura to Bholenath.

• Offer lotus flowers, and white sweets to Goddess Lakshmi and chant the mantra” ऊँ श्रीं क्लीं महालक्ष्मी महालक्ष्मी एह्येहि सर्व सौभाग्यं देहि मे स्वाहा।।”

• If you have not been able to worship the new ledgers on Diwali, then you can do this auspicious work on the day of Labh Panchami.

• On the day of Labh Panchami, food, clothes, money or other essential things should also be donated to the poor and needy.

Why Is Labh Pancham Celebrated?

Labh Panchami is celebrated on the fifth day of Shukla Paksha of Kartik month. It is also known as Gyan Panchami or Saubhagya Panchami. Labh Panchami is also celebrated as the last festival of Diwali in India. Saubhagya Panchami increases happiness and good fortune in life, therefore Panchami is known as Saubhagya Panchami. On this day, worshiping Lord Shiva fulfills all worldly desires and brings peace and happiness to the family. Worshipping Shri Ganesha removes all obstacles and brings prosperity and progress in business. In life, every person wishes for family happiness and prosperity along with work. Therefore, this Saubhagya Panchami festival is an auspicious occasion to get full energy to fulfill such desires of happiness, peace, and a prosperous life.

Labh Pancham Beliefs

Labh Panchami is considered to be the best day for luck and profit. It is believed that worshipping Lord Ganesha on Labh Panchami brings profit, good luck, and success in life, home, and business. Profit, good luck, and progress come in life, business, and family. This day is the new year for businessmen in Gujarat. On this day, after celebrating the festival of Diwali, they start their work. Labh Panchami is also celebrated as the last festival of Diwali in India.

Labh Pancham Significance

According to the belief of Hinduism, any new business can be started on this day. After Diwali, businessmen restart their business on this day. There is an auspicious time on Labh Panchami. It is believed that the worship done on Labh Panchami brings profit and good fortune in people’s lives, businesses, and families. On this day, businessmen inaugurate the new Bahi Khata and pray to Goddess Lakshmi for business growth.

Wrapping Up

Starting a new business or working on Labh Panchami is considered very auspicious. This festival has great importance in Gujarat. They celebrate it with great pomp. From this day businessmen start new bookkeeping. In this, first of all, with kumkum, they write Shubh on the left side and Labh on the right side. A swastika is made in the middle of it. Lakshmi is worshipped on this day, the Jain community worships knowledgeable books. Also, they pray for more wisdom and knowledge. If you also want to know more about Labh Pancham then you can take an online astrology consultation.