An endeavor to study the effect of pranayama on depression and anxiety among the elderly was made. Yoga brings physical and mental strengths, which helps to cope with problems relating to body and mind. The peacefulness of body and mind helps to manage depression and anxiety. The study was undertaken on 100 elderly males and females between the ages of 60 to 80. Beck's depression inventory and Beck's anxiety inventory scales were used in measuring the participants' depression and anxiety levels before and after the intervention. Subjects were selected through a purposive sampling method, and an experimental design was used for the study. An analysis of the results shows that pranayama significantly decreased the level of depression and anxiety among the elderly.