Tourists on a trip to Banavasi must visit the Madhukeshwara Temple that was built by the Kadamba Empire during the 9th century, dedicated to Lord Shiva. It is renowned among travellers for its beautiful and unique architectural carvings and designs.
Upon visiting Madhukeshwara Temple, tourists can view monolithic stone works like a stone couch and triloka mantapa that showcases earth, heaven and nether. However, the prime attraction of this pilgrimage site is one half of the idol of Lord Ganesha; the other half of the idol is believed to be in Varanasi. Apart from Lord Ganesha, the idol of Lord Narasimha can be found in the Madhukeshwara Temple.
Devotees visiting this temple can see the 2nd century sculpture of five hooded Naga. Upon closer observation, pilgrims can notice an inscription (in Prakrit language) on this Naga sculpture. As per the information derived from the inscription, the sculpture was set here by Princess Sivaskanda Nagashri after the establishing Vihara and a tank. Devotees of Lord Shiva from across the country visit the Madhukeshwara Temple during the occasion of Shivaratri.