From an Eastern point of view, there are two forms of Tantra. These are called Vama Marga or the Left handed Path and Daksina Marga or the Right handed Path. The former is physical Tantra and is dedicated to achieving Bhukti or the Bliss of the finite world; the latter is symbolic Tantra and is dedicated to achieving Mukti or the Bliss of the infinite world. Both Bhukti and Mukti are, in essence, the same; for the bliss of the material and the bliss of the spiritual both emanate from the same essential Ananda or Transcendent Bliss of the Supreme Spirit of the Universe.
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Mukti is release from the cycle of birth and death. It equates with "liberation", after which one no longer has to accept a material body and undergo the 3 types of suffering that we all go through. There are 5 different varieties of mukti mentioned in the Srimad Bhagavatam.
Bhakti is loving devotional service to Lord Krishna. True bhakti is defined as loving service to the Lord without any (material) desire.
bhakti differES from mukti. Bhakti is the highest goal of human life. A true devotee never desires mukti - although mukti is automatically granted to a devotee. As a matter of fact, even a neophyte devotee can quite easily attain mukti - simply hearing the name of "Krishna" ONCE, or, having the darshan of a murti of Lord Vishnu or Krishna ONCE, will grant you mukti (per the 6th canto of Srimad Bhagavatam).
One can attain mukti without bhakti? of course! Mukti is quite easy to attain in comparison with attaining true bhakti! However, we here believe