In 1674, at the coronation ceremony, the post of Mujumdar was renamed as Amatya and the title was solely bestowed upon Ramchandra Pant.

On his death bed, Shivaji named him as one among six pillars of the Maratha Empire that would save the kingdom in difficult times.

After Shivaji's death in 1680, Sambhaji became ruler of the Maratha Empire, and Ramchandra Pant continued with his administration in various posts.

Among other duties, Ramchandra Pant was sent to Prince Akbar, Aurangzeb's rebel son, for negotiations and, in 1685, Sambhaji also deployed him as an envoy to Vijapur for certain sensitive talks.

Being impressed by his efforts, Shivaji included Ramchandra Pant as Amatya in his First Ashta Pradhan mandal i.e. Council of Ministers.

This legacy was carried forward, as after the death of Neelkanth Sondev his son Ramchandra Pant was appointed as Maharaj's Amatya.

According to the information provided by the Bakharkar(s), Ramchandra Pant Amatya was one of the very few people present when Shivaji was on his death bed at Raigad.

[citation needed] It is said that Ramchandra Pant Amatya was behind the bloodless coup that led to Rajasbai's son Sambhaji being crowned as The Chatrapati in 1713–1714.

Moghul historians mention that when Aurangzeb's grandson had invaded Panhala in 1693 Ramchandra Pant along with Pratinidhi launched a heavy attack on the Mughal forces.

[citation needed] A Portuguese Killedar has mentioned that on 22 February 1701 Ramchandra Pant along with 20,000 Maratha's attacked Dandya's Siddi Yakubkhan.

Before leaving for Gingee, Rajaram conferred on Ramchandra Pant the title of Imperial Regent (Hukumat Panah).

At the time of Aurangzeb's death in 1707, the Marathas had become extremely powerful and the Mughal Empire was on the verge of total devastation.

Ramchandra Pant, however, strongly supported Tarabai at the time and worked as the Senior Minister for her son Shivaji II.

Modern-day scholars generally conclude that Ramchandra Pant was behind this conspiracy as he was appointed by Sambhaji II to the Imperial Regency immediately thereafter.

On the request of Sambhaji II, Ramchandra Pant wrote the Adnyapatra (also spelled Ajnapatra), a standard code of civil and military administration for the Maratha Empire.

A monument dedicated to his life and valiant effort in fighting against the Mughal invaders is located at Panhala fort.

His heirs still live near Fort Gaganbawada to this day — a gift to Ramchandra Pant for his great contribution to Maratha power.

More than a mere Jahagir, it was a feudatory kingdom with its own revenue department, police force, judicial and criminal courts etc.

The Jahagirdars of Bavda were given the title of Raja by Shahu along with 3 other Jaghirdars of Kolhapur namely Kagal (Ghatges), Vishalgad (Pratinidhis) and Kapashi (Ghorpades).

Ramchandra Pant Amatya captured it and brought it under Swaraj in 1700 and which remained in The Bavda Jahagir till independence.