Lipomas are benign mesenchymal neoplasms of mature adipose cells that account for less than 2% of all benign oral tumors. The Oral lipoma usually presents as an asymptomatic, slowly growing nodule that is most commonly seen in the buccal mucosa of all the possible locations and least frequently the palate. We present a case of a rare variant of lipoma ie the sialolipoma of the palate of a 48 year old man which was confirmed after histopathologic examination. Only 5 cases have been reported in literature till date.