The rapid spread of COVID-19 pandemic and the protective measures to mitigate its impact have drastically impacted the parents. Pandemic periods are significantly stressed by the many unexpected changes, losses, and uncertainties that kick parents out of their normal rhythm of life. To encounter this kind of situation there is a need to develop self-efficacy and emotional maturity which plays an important role to deal with such disasters. The objective of the study was to understand the relationship between emotional maturity and self-efficacy among parents during pandemic; to identify the prominent emotions among parents during pandemic; to understand the measures taken by parents to deal with pandemic and; to identify the suggestions given by parents to deal with emotions and social situations during pandemic. Results of Phase I shows that, there is a partial significant relationship between emotional maturity and self-efficacy. Thematic analysis of the study shows both positive and negative effects of pandemic. The positive side of it, brought families together, spend more quality time, increased the focus on physical as well as mental health, spending time evenly with relishing moments, taking part in all activities of their choices, learning new things and keep them updated. While the negative side of it speaks of the challenges faced by them every day, loss of loved ones, no human touch, sudden changes in life pattern, loss of job, taking care of the family, being cautious, managing various things at a time, psychological effects and financial crisis.