Spam the green flag 2 times.... Specially Made For RakshaBandhan.... Guys Plzz Love and Fav...if not atleast a love plzz 1. What does Rakshabandhan Means? Ans: Raksha Bandhan is a festival that is celebrated on the full moon day in the month of Shravan according to the Hindu Lunar calendar. This day is observed as the day of siblings as on this day sisters and brothers come together to express their love for each other and also pray for their well being. (Raksha Bandhan is on 3rd August..)