It is also known as driend lotus bead mala because it is made of lotus seeds. It represents the Goddess Laxmi if you want to get more wealth then must perform jap with Kamal Gatta Mala or Lotus Seed Malai.
Lakshmi is also called Kamalvaasini – i.e. one who sits on a lotus. This is why for the Sadhana and Mantra chanting of Lakshmi, we use a special rosary made of seeds of lotus which is called Kamalgatta mala or Lotus Seed Malai.
The Goddess is easily appeased if one uses this rosary for the chanting of her Mantra and she bestows upon him wealth and comforts.
