Varalakshmi Vrata is a festival to propitiate the goddess Lakshmi, the consort of Lord Vishnu. Varalakshmi is one who grants boons (Varam). It is an important pooja performed by many women The Hindu festival going by the name ‘Vara Lakshmi Vratam’ is celebrated on the 2nd Friday or the Friday before full moon day – Poornima in the month of Sravanam, also called Sawan in Hindi and Aadi in Tamil which corresponds to the Gregorian months of July–August.
Varalakshmi Vrata is performed by married woman for the well being of all the family members, especially husband, to get progeny etc. It is believed that worshiping Goddess Varalakshmi on this day is equivalent to worshiping Ashtalaksmi – the eight goddesses of Wealth, Earth, Learning, Love, Fame, Peace, Pleasure, and Strength.