This Tibetan Buddhist Prayer Flag is inscribed with auspicious symbols, invocations, prayers, and mantras. Tibetan flags are placed outside homes and places of spiritual practice for the wind to carry the vibrations of the mantra across. The 5 colors of prayer flags represent the 5 basic elements like earth, water, fire, air and space. Prayer flags moving in the wind generate a natural positive energy. It can be placed both indoors or outdoors of your house, in office or motorbike.
Thanks for great share Divya, As far as my understanding and knowledge Tibetian Buddhist Prayer Flags "OM MANI PEDME HUM" is placed outside home and place of spiritual practice to create a positive, peaceful and spiritual environment. Tnx