The dried flowers are used as a diuretic. The gum obtained from the tree is called Bengal Kino. It contains tannin and is used in the treatment of diarrhoea. The seeds have anti-helminthic properties and are used in the treatment of worms. The wood is soft and durable and is used for making boats.
A yellow dye, obtained from the fresh palash flowers is used during the festival of Holi.