This is kamalgatta rosary, which is rosary for reciting mantra of Maa Mahalaxmi and in all kind of Rituals which are related to Goddess Mahalaxmi or Maa Kamla Rituals we always use this rosary. We know this rosary also from the name of lotus bead rosary in western countries. Without wealth, life is not possible. Money is the pivot of human life.
This is why Mata Lakshmi has been worshipped from the earliest of times and is propitiated even today as well. We are living in a material world and as soon as one steps out of the house money is needed at each step. In tantra world we know Maa Mahalaxmi from the name of Maa Kamla and Maa siddhidatri also. Poverty is the worst curse of life. To banish this curse that could be haunting a house for generations one must try one’s best. Lakshmi is also called Kamalvaasini - i.e one who sits on a lotus. This is why for the Sadhana and Mantra chanting of Mata Lakshmi we use a special rosary made of seeds of lotus which is called Kamalgatta Mala. The Goddess is easily appeased if one uses this rosary for the chanting of her Mantra and she bestows upon him wealth and comforts. Kamal (Lotus) is the flower in which the Saraswati Mata sit and give blessing to the worshiper.