The monastery and the temple is located in the southern part of Raipur city on the banks of an ancient river called Maharajbandh. This ancient temple dedicated to Lord Rama, was built in the mid of 17th century by King Jaitsingh. The temple has beautiful murals. The monastery was named after Swami Balbhadra Das who only had 'Doodh' (milk) as his food. Burials of the former Mahants can also be seen here.