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Labh Pancham: The Last Celebration of Diwali Festival

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Labh Pancham: The Last Celebration of Diwali Festival
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Labh Pancham: The Last Celebration of Diwali Festival. Labh Pancham, a lesser-known but significant festival, is celebrated on the fifth day of Diwali, marking the end of this grand festival of lights. In this blog, we will delve into the history, significance, date of celebration, regional names, and the ways in which Labh Pancham is celebrated.

Ancient History of Labh Pancham

The ancient history of Labh Pancham can be traced back to the Vedic era. In the Vedas, Labh Pancham is associated with the goddess Lakshmi, the goddess of wealth and prosperity. It is believed that on Labh Pancham, Lakshmi blesses her devotees with profits and success.

Another popular legend associated with Labh Pancham is that of Lord Ganesha and Kubera. Kubera is the Hindu god of wealth. According to legend, on Labh Pancham, Kubera went to visit Lord Ganesha. He was so impressed by Ganesha’s wisdom and knowledge that he offered him half of his wealth. Ganesha accepted Kubera’s offer, and that is why he is also known as the god of wealth.

Significance of Labh Pancham

Labh Pancham is a significant day for businesses and merchants. On this day, businesses open their new accounts and ledgers. They also pray to Lakshmi and Ganesha for good luck and prosperity in the new year.

Labh Pancham is also a day to celebrate new beginnings. On this day, people start new ventures and projects. They also set new goals for the year ahead.


Date of Celebration: Labh Pancham always falls on the fifth day of Diwali, which typically occurs in October or November, depending on the lunar calendar. It is considered an auspicious day for starting new business ventures, opening new account books, or settling old financial transactions. People believe that any financial activity on Labh Pancham will bring them prosperity and success in the year ahead.

Different Names in Different Parts of India: Labh Pancham goes by various regional names in different parts of India. In Gujarat, it is known as “Labh Pancham” and is celebrated with enthusiasm. In Maharashtra, it is called “Sulakshan Pancham.” In other regions, it may be known as “Saakat Chauth” or “Vikram Samvat New Year.” The customs and rituals associated with Labh Pancham may vary from one state to another, but the underlying essence of financial prudence and prosperity remains constant.

How it’s Celebrated:

Financial Activities

  • People engage in financial activities such as opening new account books, balancing their accounts, and settling debts on Labh Pancham.

Business Ventures

  • It is considered an auspicious day to start new business ventures or investments, as it is believed to bring financial success.

Pujas and Offerings

Devotees visit temples and offer prayers to Lord Krishna and Goddess Lakshmi to seek their blessings for prosperity.


  • Families come together to celebrate Labh Pancham with delicious feasts, sweets, and traditional dishes.


Labh Pancham is not just finished another day during Diwali; it is a day that carries immense significance for those who wish to secure their financial well-being and ensure the success of their ventures. Rooted in Hindu mythology and celebrated with fervor across various regions in India, Labh Pancham stands as a testament to the enduring traditions that accompany the festival of Diwali. So, make the most of this auspicious day by wisely managing your finances and embarking on new ventures, and may prosperity shine on you throughout the year.


Labh Pancham is an ancient Hindu festival that celebrates prosperity and new beginnings. It is a day to worship the gods and goddesses and to pray for their blessings. Labh Pancham is also a popular day to start new businesses and ventures.

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