- Personal LoanPersonal Loan
- Business LoansBusiness Loans
- Loan Against PropertyLoan Against Property
- Home Loans
- Loan Against SecuritiesLoan Against Securities
- More Loans
Published on Aug 25, 2023Updated on Oct 6, 2026

India, a land of diverse cultures and traditions, is known for its rich tapestry of festivals that bring people together in joyous celebrations. One such heartwarming festival is Raksha Bandhan, a day that celebrates the bond between brothers and sisters. This cherished festival, typically falling in the month of August, this year on August 28th, 2026, is a testament to the deep-rooted relationships and the unique customs that make India so enchanting.
Raksha Bandhan, often referred to as Rakhi, is a festival that exemplifies the unbreakable bond of love and protection between siblings. The term "Raksha Bandhan" means the "knot of protection” in Sanskrit. On this day, sisters tie beautifully designed threads called "rakhis" around their brothers' wrists, symbolizing their love, care, and plea for their brothers' protection. In return, brothers give Raksha Bandhan gifts to their sisters and make a promise to always be there for them, both in times of happiness and adversity.
The tradition of Raksha Bandhan finds its roots in old Hindu scriptures. There are many stories in Hindu history and mythology where this tradition took place:
One of the stories is about Sachi and Indra. Sachi, Indra's wife, tied a protective thread around Indra's wrist for his protection during a battle against the terrifying demon King Bali. The story of Sachi and Indra shows us that rakhis are a symbol of protection for our loved ones.
Another captivating story is that of Lord Ganesh and his sister Devi Manasa, who visit him to tie Rakhi to his hand. Seeing this, Lord Ganesh’s sons, Shubh and Labh, expressed their desire to be involved in this celebration. They persuaded Ganesh to grant them a sister, and thus, Santoshi Maa was created.
In the Hindu epic Mahabharat, Draupadi ties a Rakhi to Krishna as he departs for the great war. Similarly, Kunti, the mother of the Pandavas, ties a Rakhi to her grandson Abhimanyu before he embarks on his own battle.
These stories signify a beautiful bond between brothers and sisters, husbands and wives, and friends that dates back ages, and we still find this beautiful bond today between brothers and sisters.
The celebration of Raksha Bandhan holds a special place in the hearts of Indians. The rituals associated with the festival are steeped in tradition and bring families closer.
Sisters take great care in selecting the right rakhi for their brothers. Rakhis come in a variety of designs, from simple threads to beautifully designed rakhis. Sisters don’t shy away from spending a good sum on their brothers’ rakhis, because why should they?
The festivities usually begin with a traditional puja performed by the sister. She prepares a thali with a lit diya, roli, rice grains, and sweets. The brother stands before the thali as his sister ties the rakhi around his wrist and draws a tika on the brother’s forehead.
Following the rakhi tying, brothers express their love by giving a raksha bandhan gift for their sister. These gifts can be clothes, jewelry, tickets to a trip to your sister’s favorite destination, money, or sentimental tokens that hold special meaning between the siblings.
No Indian festival is complete without indulging in traditional sweets. On Raksha Bandhan, sisters often prepare or buy sweets, and these treats are shared among family members, adding to the festive spirit.
While the core traditions of Raksha Bandhan remain the same, the festival has evolved with changing times. In today's fast-paced world, where siblings might be separated by distance, technology has bridged the gap. Sisters often send rakhis and gifts through postal services, and video calls have become a way to share the moment despite physical distances.
If you're looking to celebrate the festival of Raksha Bandhan but are far away from your siblings, don’t worry.
Plan ahead by choosing a meaningful rakhi for your brother. Consider his preferences and style when selecting the perfect one. You can also find a rakhi package online that includes rakhis, sweets, chocolates, and other treats, and you can send this care package to your brother.
Include a heartfelt note with the rakhi to express your emotions. Personal touches make the celebration more memorable.
If you're unable to be physically present with your sibling, set up a video call to virtually tie the rakhi and exchange wishes.
It may so happen that you find the perfect Raksha Bandhan gift for your sister or brother—one that they have hinted at repeatedly that they want. You go to the website to order it, and the worst thing happens – It’s out of your budget. That’s why SMFG India Credit is delighted to offer you a personal loan so you don’t have to think before buying the perfect Raksha Bandhan gift for your sister again!
We provide a range of benefits with our personal loan services. The process is 100% online and paperless, ensuring your convenience every step of the way. Prompt access to funds is ensured post approval. Enjoy the flexibility in loan tenures from 12 months* to 60 months*, and attractive interest rates starting from as low as 12.5%* per annum.
Apply for our personal loan today and buy awesome gifts for your siblings.
Important Note: This article is for general informational purposes only and may be subject to change from time to time. As product features, eligibility criteria, interest rates, charges, fees, tenures and other terms may be revised as per SMFG India Credit's policies, readers are advised to refer to the latest details from the respective product pages (please select from the top menu). For the latest loan charges, please visit Charges & Fees Link and for the latest Interest rates, please visit Interest Rate Rationale. Please note that final loan terms, disbursement process and eligibility criteria will depend on SMFG India Credit's policies at the time of loan application.
The content of this article is for information purposes only and does not constitute as, an offer or advise to avail any products or services from, or, a commitment to grant any loan by the company. It is not intended to create any rights or obligations against us. All content is provided "as is" without any warranty of any kind, either express or implied & we disclaim any warranty or representation, whatsoever, in regards to the content. Please refer to the Privacy Policy of the company to understand the use, processing and storage of your personal data.
Was this helpful?
Insurance disclaimer SMICC is registered with the Insurance Regulatory and Development Authority of India (IRDAI) as a Corporate Agent. IRDAI Registration No.: [CA0098] CIN No. U65191TN1994PLC079235. The insurance policy is a contract between the customer and the insurance company, and policy is underwritten by insurance companies. SMICC acts only as the distributor and is not responsible for any risk, policy issuance, claim settlement/repudiation etc. Insurance is the subject matter of solicitation. Purchase of insurance is voluntary and subject to insurer underwriting and policy terms and conditions. Customers are advised to read the policy terms and conditions, benefits, exclusions, claim settlement carefully before purchase. Kindly note that “Insurance Products” are not mandatory for the purpose of the application and disbursement of loan. It shall be the sole discretion of the customer, by providing explicit consent, to avail such insurance along with the Loan.
Beware of Spurious calls/ Fraud phone calls IRDAI is not involved in activities like selling Insurance policies, announcing bonus or investment of premium. Public receiving such phone calls are requested to lodge a police complaint.