According to the Hindu mythology, the holy Pushkar Lake was created by the lotus petals, which fell from the hands of Lord Brahma. The lake is considered as one of the most sacred spots. It is called the Tirtharaj, the king of all Tirthas. It is believed that no pilgrimage is complete without a holy dip in the sacred lake at Pushkar.
According to Hindu theology, there are five sacred lakes collectively called Panch-Sarovar ('Sarovar' means lake). Namely, Mansarovar, Bindu Sarovar, Narayan Sarovar, Pampa Sarovar and Pushkar Sarovar; hence, Pushkar is considered one of the most sacred places in India.
Pushkar Lake is surrounded by 52 bathing ghats (a series of steps leading to the lake), where pilgrims throng in large numbers to take a sacred bath, especially around Kartik Poornima (October–November) when the Pushkar Fair is held. A dip in the sacred lake is believed to cleanse sins and cure skin diseases. It is also the belief of devotees that a dip in the waters of the lake on Kartik Poornima would equal the benefits that would accrue by performing yagnas (fire-sacrifices) for several centuries.
A story tells of a ninth century Rajput king, Nahar Rao Parikar of Mandore, chasing a white boar to the lake shore on a hunting expedition. In order to quench his thirst, he dipped his hand into the lake and was astonished to see that the Leukoderma marks on his hand had disappeared. Impressed with the sacred curative nature of the lake, he got the lake restored to its glory. After discovering the curative characteristics of the lake water, people have since visited the lake to take a holy dip and cure themselves of skin problems.
The Lake is semi-circular in shape. The water around each Ghat is supposed to have special powers. The Naga Kund is believed to give fertility, Roop Tirth gives beauty and charm, Kapil Vyapi Kund helps in curing leprosy and a dip in the Mrikand Muni Kund endows wisdom.