Onam marks the onset of the harvest season in Kerala and also commemorates the homecoming of the great king Mahabali as per popular lore. It is a vivacious celebration of new beginnings, abundance and joy. It also offers some crucial life lessons about charting a new course forward that is fortified by security, wealth and prosperity. Onam teaches us to look ahead and work towards building a fruitful, rewarding future.
- Turn Harvest Season into Invest Season
The festivities of Onam span over 10 days, beginning with Atham and culminating in Thiruvonam, which is the most important day. Celebrations vary across the state of Kerala and different communities, but usually include traditional dances like Pulikali, Thumbi Thullal, Kathakali, sports competitions, exhilarating boat races, elaborate feasts, stunning Pookalam designs on the floor and an unbelievable amount of delectable food. All the festivities honour the start of harvest season and pay tribute to the idea of renewal and prosperity.
So, as communities come together to celebrate the start of something new, Onam is the perfect time to take charge of your future by investing and committing to grow your personal wealth. There couldn’t be a better time to look into diversified investments, setting personal financial goals, and carving a path forward towards your financial security.
Onam encourages us to take stock of where we are and how we could look ahead at the immense potential of what’s possible. That’s the magic of celebrating a new season; it fills you up with giddy optimism and unshackled hope.
That’s why it is a great time to take another keen look at your savings approach. In addition to regular savings accounts, investing funds in fixed deposits with great interest rates opens the door to growing your money. And what better day to kickstart your journey towards financial security than the auspicious occasion of Onam!
Onam is a time to remind yourself to take a breather and bask in the glory of rejuvenation. Festive joy permeates the air as we get together to celebrate familial bliss. But it’s also a time of gifting, family reunions, countless parties and purchase of property or cars—which could lead to an exponential increase in your expenses. At such times, a Gold loan could come in handy.
A Gold loan lets you borrow money against your gold. You don’t have to worry about extensive paperwork or a time-consuming process. Gold Loans are now easier than ever with South Indian Bank. Our team efficiently partners with you, making it a smooth, easy and stress-free transaction while also offering attractive interest rates.
If you are considering buying a car during these festivities, we also offer lucrative rates on Car Loans. Additionally, if you're looking to buy a new home, our Housing Loan schemes are tailored to meet your needs, ensuring a smooth and stress-free experience. And if you need funds for other personal expenses, our Personal Loan options can help cover those cost with ease and flexibility. Our goal is simple – to make your festive season as hassle-free and enjoyable as possible, whether you're purchasing a car or a home or managing personal expenses.
- The Value of Relationships
Lastly, Onam teaches us the immense value of intimate bonds— those of our given family as well as the ones from our chosen family. It’s these relationships that support us every step of the way. They are characterised by transparency, trust and dependability. Wouldn’t it be great if you had someone like this to talk to on financial matters, too? At South Indian Bank, we truly believe in building personalised relationships. For us, our clients are not just customers, but true partners. If you ever have any financial queries, we will be more than happy to assist you in any way possible, be it in person at any of our branches or through our digital platforms.
Everyone in Kerala and around the region eagerly awaits Onam every year. The 10-day harvest festival perfectly encapsulates the vibrant spirit of Kerala’s culture. It unites people, values sacrifice, recognises art forms and teaches us to look ahead and believe in the potential of tomorrow. As you celebrate the joy of Onam, commit to building a bright, gratifying future for yourself, too. Being judicious about your finances now can change the way you see money and help convert it into a lot over a period of time. On this occasion of Onam, apply these life lessons for optimal wealth creation and a promising future for you and your loved ones. Onam Ashamsakal to all!
Disclaimer: The article is for information purpose only. The views expressed in this article are personal and do not necessarily constitute the views of The South Indian Bank Ltd. or its employees. The South Indian Bank Ltd and/or the author shall not be responsible for any direct/indirect loss or liability incurred by the reader for taking any financial/non-financial decisions based on the contents and information’s in the blog article. Please consult your financial advisor or the respective field expert before making any decisions.