Kubera is the Hindu God associated with money, wealth and material possessions. Kuber does not create wealth but he is believed to be the one who distributes wealth wisely among the desired devotees and protects it. The creation of wealth is associated with Goddess Lakshami and Kuber is often depicted as a subsidiary deity.
In Hindu Scriptures, Kubera is the leader of Yakshas and is an ardent devotee of Shiva. He performed penance for several years and Shiva gave darshan to Kubera along with Goddess Parvati.
Kubera had not seen Goddess Parvati before and was astounded by the splendor and beauty of Goddess Parvathi who was bedecked with jewels. Goddess Parvati mistook Kubera’s staring for evil intention and she cursed that let one of his eyes burst.
Kubera was now left with one eye and he explained that he had no evil intention and he had stared as he had not seen such fine gold jewelry before.
Goddess Parvati realized her mistake and immediately the one eye that Kubera had lost grew but remained smaller than the other one.
Shiva also made Kubera one of the Ashta Dikpalas and he guards the northern direction.
Goddess Parvati made him the god of wealth and material possessions.
There is another legend that indicates that Kubera is the grandson of Brahma.
He is also believed to be Vaisharavana who was the brother of Ravana. But Ravana defeated him and took his Pushpak Viman and exiled him to the Kailash. It is here he did penance and got the blessings of Shiva.
Kubera is often depicted with a vessel studded with Navratnas. He is also shown as showering gold.
There are numerous legends associated with Kubera and the most popular one is associated with Lord Balaji or Venkateswara. It is said that Lord Balaji took a loan from Kubera to marry Goddess Lakshmi on earth. But the condition set was that Lord Balaji won’t leave the earth until he has paid back the amount. It is believed that till today Lord Balaji is paying interest on that loan to Kubera. And devotees donate liberally to help Lord Balaji.
Kubera is worshipped along with Goddess Lakshmi on Thursdays in many regions. An important puja dedicated to Kubera is performed during Diwali.