Mahalakshmi, who is the consort of Vishnu is worshipped as goddess of wealth by the Hindus. In the beginning of creation she took form from the left side of Vishnu and was later born again from the sea of milk, when the devas churned it for getting nectar. She resides on the chest of Maha Vishnu as “Sri Vatsa”. It was she who took birth as Seetha and Rukmani. This very simple prayer is very ancient and has been chanted by generations for solving all their problems.

namosthesthu maha maye,
sree peede, sura poojithe,
sanka, chakra, gadha hasthe,
maha lakshmi namosthuthe

Salutations and salutations to Goddess Mahalakshmi,
Who is the great enchantress,
Who lives in riches,
Who is worshipped by Gods,
And who has conch, wheel and mace in her hands.

namasthe garudarude,
kolasura bhayam kari,
sarva papa hare, devi,
maha lakshmi namosthuthe

Salutations and salutations to Goddess Mahalakshmi.
Who rides on an eagle,
Who created fear to Kolasura,
And is the goddess who can destroy all sins

sarvagne sarva varadhe,
sarva dushta bhayam karee,
sarva dukha hare, devi,
maha lakshmi namosthuthe

Salutations and salutations to Goddess Mahalakshmi.
Who knows everything,
Who can grant any thing,
Who appears fearsome to bad people,
And is the goddess who can destroy all sorrows.

sidhi budhi pradhe devi,
bhakthi mukthi pradayinee,
manthra moorthe, sada devi,
maha lakshmi namosthuthe

Salutations and salutations to Goddess Mahalakshmi,
Who grants intelligence and occult powers,
Who grants devotion to God and salvation,
Who can be personified by holy chants,
And who is Goddess for ever.

adhyantha rahithe, devi,
adhi shakthi maheswari,
yogaje yoga sambhoothe,
maha lakshmi namosthuthe

Salutations and salutations to Goddess Mahalakshmi.
Who neither has an end nor beginning,
Who is the primeval power,
Who is the greates Goddess,
Who is born out of hard penance,
And who can be personified by meditation.

sthoola sukshma maha roudhre,
maha shakthi maho dhare,
maha papa hare devi,
maha lakshmi namosthuthe

Salutations and salutations to Goddess Mahalakshmi,
Who is micro and also gross,
Who is most fearsome ,
Who is the greatest strength,
Who within her holds the worlds,
And is the Goddess who can destroy sins.

padmasana sthithe, devi,
para brahma swaroopini,
para mesi, jagan matha,
maha lakshmi namosthuthe

Salutations and salutations to Goddess Mahalakshmi,
Who is the goddess who has the seat of Lotus,
Who is the personification of the ultimate truth,
Who is Goddess of all,
And who is the mother of all the worlds.

swethambara dhare, devi,
nanalankara bhooshithe,
jagat sthithe, jagan matha,
maha lakshmi namosthuthe

Salutations and salutations to Goddess Mahalakshmi,
Who wears white cloth,
Who wears variety of ornaments,
Who is everywhere in the world,
And who is the mother of all the worlds.

Phalasruthi

maha lakmyashtakam stotram,
ya padeth bhakthiman nara,
sarva sidhi mavapnothi,
rajyam prapnothi sarvadha

Those men who read this octet praising Mahalakshmi,
With devotion and discipline,
Would make all powers as his own,,
And also would attain the kingdom for ever.