akshaya tritiya

Understanding the Significance of Akshaya Tritiya

May 07, 2024 • 499 views

Akshaya Tritiya, also known as Akha Teej, is an auspicious Hindu festival celebrated across India. The word "Akshaya" translates to "eternal" and "Tritiya'' signifies the "third lunar day" (Shukla Paksha) of the Vaishakha month. The day represents new beginnings and is the ideal time for marriage and venturing into a new business.

Read on to know the significance, history, and why purchasing new things on this day is so important.

Akshaya Tritiya Date and Time

  • Tritiya Tithi Begins – May 10, 2024 – 04:17 AM
  • Tritiya Tithi Ends – May 11, 2024 – 02:50 AM
  • Akshaya Tritiya Puja Muhurat – 05:13 AM to 11:43 AM

Akshaya Tritiya History

The word "Akshaya" means "never diminishing" in Sanskrit, signifying the eternal and imperishable nature of the day. According to Hindu beliefs, any auspicious activity undertaken on this special day will bring prosperity, success, and good fortune that will never diminish.

According to other mythologies, Akshaya Tritiya is the birthday of Lord Parasurama, a fierce warrior-sage and an incarnation of Lord Vishnu. His unwavering devotion to righteousness and cleansing the earth of evil Kshatriyas (warrior caste) kings makes him a valiant character.

One popular tale narrates the story of Lord Vishnu and the sacred river Ganges. It is believed that on this day, the Ganges descended from heaven to earth. This makes Akshaya Tritiya a highly auspicious occasion for new beginnings and spiritual pursuits.

Akshaya Tritiya Significance

Akshaya Tritiya holds immense significance in Hindu culture and is considered an ideal day for various auspicious activities. If you undertake any new endeavour on this day, you will have significant success and prosperity. This includes starting new businesses, investing in property, or embarking on educational pursuits.

Performing acts of charity and donating to the underprivileged will bring immense blessings and multiply the giver's merit. Also, Akshaya Tritiya is the ideal day for marriages and engagements. The belief is that couples starting their life together on this day will have a prosperous and enduring union.

Devotees worship Lord Vishnu, the preserver of the universe, and Goddess Lakshmi, the goddess of wealth and prosperity, on this day. Offering prayers and performing puja rituals is said to bring good fortune and abundance.

What to Buy on Akshaya Tritiya?

While Akshaya Tritiya is an auspicious day for new beginnings, you can consider purchasing new things for yourself as well as for your loved ones.

Here is a curated shopping list to guide your purchases:

1. Home Appliances: If your old appliances are malfunctioning or outdated, Akshaya Tritiya can be a good time to invest in new ones to enhance your home and daily life. Invest in new home appliances like refrigerators, washing machines, or air conditioners and bring convenience to your household.

2. Buy a Second-hand Car: If you have been thinking of buying your dream car, now is the time! Akshaya Tritiya is an auspicious day, and many believe it is the best time to buy your own car. While you are considering buying a car, opting for a Pre-owned Car is a smarter choice for you. 

3. Electronic Gadgets: If you need a new laptop, phone, or any other essential electronic device, Akshaya Tritiya sales might offer attractive deals. Investing in new electronic gadgets on this day may bring success in your professional and personal endeavours.

4. Property: As per many Vastu experts, Akshaya Tritiya is believed to be one of the best days to invest in real estate. It brings long-term prosperity and good fortune to the owner. One can choose an auspicious Muhurat on this day to purchase a property and get long-term benefits.

5. Silverware: Silver utensils, artefacts and decorative items are some auspicious purchases you can make on the day of Akshaya Tritiya. As per Vastu Shastra, silverware attracts positivity and prosperity.

Also Read - How to Get a Rs.50,000 Loan Instantly: Exploring Your Options

How to Apply for an Instant Loan From Poonawalla Fincorp?

If you need financial assistance to make these auspicious purchases, Poonawalla Fincorp offers Instant Loans to help you fulfil your shopping needs. Here is a step-by-step guide on how you can apply:

  • Step 1: Click on the 'Apply Now' button and fill out the application form.
  • Step 2: Enter all your personal and financial details, and your phone number.
  • Step 3: Upload the necessary documents for verification.

Post successful verification, the approved loan amount will be disbursed to your bank account.

Also Read - Get Instant Personal Loan in Minutes - Guide to Apply it Online

To Conclude

Akshaya Tritiya is a vibrant celebration of prosperity, new beginnings, and spiritual renewal. As you embark on your shopping journey this day, remember to embrace the spirit of the festival and make purchases that align with your aspirations and bring joy and fulfilment to your life. With Poonawalla Fincorp's Instant Loan, you can shop confidently, knowing that financial assistance is just a few clicks away.


We take utmost care to provide information based on internal data and reliable sources. However, this article and associated web pages provide generic information for reference purposes only. Readers must make an informed decision by reviewing the products offered and the terms and conditions. Personal Loan disbursal is at the sole discretion of Poonawalla Fincorp.
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poonawalla fincorp team

Poonawalla Fincorp Team

Our team of expert writers and editors are passionate about providing authentic and valuable information on finance. Our aim is to simplify financial and finance-related concepts. We strive to help our readers become more aware and empowered to make informed financial decisions.

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