[4] Bhimashankaram shrine and the Bhimarathi river have been talked about in writings as far back as the 13th century;[4] however, the current construction of the temple seems to be fairly new.

The daily religious observance was funded through the financial resources derived from the people of the area.

This type of bell is also present at the Khandoba temple and Naro Shankar mandir in Nashik.

Indra made the decision to seek blessings from the deity Shiva and performed penance.

The garbhagriha and antarala are constructed using indigenous stone in the Indo-Aryan architectural style, which is also commonly found in Jain temples.

The pillars and door frames of the temple are covered with intricate carvings of deities and human figures.

The Maratha King Chattrapati Shivaji Maharaj endowed this temple to facilitate religious ceremonies.

[8][13] In addition to the Bhimashankar Mandir, devotees also take darshan of the deities of temples present in the vicinity.

There is a shrine for Siva Ganams, Shaakini, and Daakini, who assisted Shiva in the battle against the demon Tripurasur.

Kusharanya tirth is located to the south of the temple, and it is from here that the Bhima River begins to flow eastward.