Bhagya Lakshmi

The story begins with Lakshmi moving from Punjab to Mumbai after her parents' death. She is forced into an arranged marriage with the wealthy Rishi Oberoi. Unknown to her, the marriage is a sham orchestrated by Rishi’s mother, Neelam, because a priest predicted that Lakshmi’s horoscope is the only thing that can save Rishi from a death curse (Markesh Dosh). Abhay successfully deceives Virendra into signing property documents by catching him while he is distracted by a phone call.

Malishka tampers with the brakes of Virendra's car. While Virendra is driving with Lakshmi, his car brakes fail, putting his life in grave danger. An accident occurs; Virendra's car falls into a deep ditch, Lakshmi manages to get out while Virendra falls into the ditch. Following the crash, a severely injured Virendra gets BBB hospitalized ٫ Malishka plans to kill and goes to his room to remove his oxygen mask and does it but before she succeeds lakshimi comes to the room and malishka puts it back and hides, virendera then slips into coma , Malishka makes it appear as if Lakshmi failed the car brakes, Neelam and Rishi oust her from the Oberoi house and she gets into a train accident while on her way to the village and is presumed dead by the Oberois. After the 7 year leap,^[14] Virendra is stated to be dead having passed away sometime during those years. Early in the month, Lakshmi discovers that she is pregnant. She attempts to share the news with Rishi, but her announcement is overshadowed when Malishka also claims to be pregnant with Rishi's child to secure her position in the Oberoi house.

Malishka’s pregnancy is actually a scheme. She secretly collaborates with Balwinder, who visits her and demands money or the baby. Rishi is initially skeptical and refuses to hold a baby shower, but Malishka manipulates the family into celebrating her "good news" anyway. Anushka is revealed to be stealing money from Rishi's wardrobe to pay off her own secret debts. When Shalu finds evidence of Anushka's misdeeds, Anushka destroys Shalu’s phone and eventually plots with a man named Neel to kidnap Shalu.

On December 4, the police find an unidentifiable corpse. Malishka tries to convince everyone it is Lakshmi's body to permanently remove her from the picture, but Lakshmi is later revealed to be alive. By late December, Balwinder openly lays claim to "his child" (the one Malishka is pretending to carry), causing panic for Malishka and Kiran. Simultaneously, Neel and Anushka's goons accidentally take an unconscious Lakshmi hostage while trying to escape. Following her failure to kill Lakshmi, Malishka and her mother, Kiran, hatch a plan to trap Rishi. Malishka drugs Rishi's drink, causing him to become intoxicated and disoriented. A drugged Rishi accidentally gets close to Lakshmi, but Malishka intervenes by rendering Lakshmi unconscious. She then positions herself in bed with Rishi so the family will "catch" them together, leading everyone to believe Rishi was intimate with Malishka.

Meanwhile, a man named Neel appears and confronts Anushka, revealing that she is already married to him and never got a divorce before marrying Aayush. He begins blackmailing her for money to keep the secret. Despite Malishka’s schemes, Rishi repeatedly tells her that he only loves Lakshmi and wants to be with her, which further fuels Malishka's vengeful actions. Shalu and Aayush become highly suspicious of Malishka’s behavior and her secret connection with Balwinder, who returns to help Malishka distract Shalu during a family party. Aayush and Harleen recover data proving that Anushka is already married to a man named Neel. Neel briefly holds Rishi and Lakshmi hostage before being arrested, though Anushka initially manages to evade capture. Aayush finally confesses his love for Shalu when he proposes marriage during the Lohri celebration in front of the entire family, shocking Neelam. Anushka later attacks Shalu with a knife, Aayush saves her and symbolically marries her by filling her hair parting with his own blood. Malishka and Kiran continue their schemes to drive Lakshmi out of the house. They attempt to frame her for stealing a valuable necklace during the Lohri festivities. Karishma and Neelam finally agree to the union, Shalu and Aayush decide to get married. However, the month is filled with attempts to sabotage their happiness: Anushka frames Shalu for stealing an engagement ring to stop the wedding.

Rishi steps in to save Shalu from being arrested, leading to a confrontation with Anushka. Lakshmi becomes highly suspicious of Balwinder's presence and follows Malishka to a hospital to uncover who she is meeting. Malishka locks Lakshmi inside a cold storage room to prevent her from revealing the truth, Anushka plots to destroy the Oberoi family by mixing poison into laddoos (sweets). Shalu catches her in the kitchen and demands she eat one to prove they are safe. In the final months, Rishi’s mother, Neelam, is murdered. Malishka successfully frames Lakshmi for the crime, leading to her arrest and deep hatred from Rishi. Shalu exposes Malishka with proof and Rishi kicks her out of Oberoi mansion.

Aishwarya Khare and Rohit Suchanti were finalised to reprise their roles as leads in May 2021 itself,^[64] but due to the lockdown in Maharashtra, they signed the contract only in June.^[65] Filming and production began on 14 June 2021 in Film City, Mumbai.^[66][67]

In February 2024, the narrative underwent a 7 year leap.^[68][69] The show completed 1000 episodes in July 2024.^[70][71]

In May 2025, media reports indicated that Balaji Telefilms and Zee TV initially planned a generation leap to refresh the plot. However, due to declining TRP ratings and a broader channel programming overhaul, the proposed leap was scrapped^[72], and the makers decided to cancel the series entirely.^[12] After a successful run of 4 years,^[73] the final episode aired on 29 June 2025.^[74] Its timeslot was filled by Tumm Se Tumm Tak.^[75]

During its run, Bhagya Lakshmi frequently entering the national top five programs at the 5th place^[87] with a peak TRP range of 2.0 to 2.2 during (2022-2023) period.^[88][89] Driven by major plot points, the drama later stabilized within a modest rating range of 1.1 to 1.3.^[90][91][92] However, by mid-2024, ratings began a noticeable decline, dropping to 1.7 TRP in February before further slipping to 1.2 by July.^[93][94]

Fans praised the on-screen chemistry between leads Aishwarya Khare (Lakshmi) and Rohit Suchanti (Rishi),^[95] audience popularly named them as "RishMi",^[96][97] became one of the most popular pair of Indian Television,^[98] with reviewers noting Khare's portrayal of the resilient Lakshmi as a standout for its nuance.^[99]