This temple is situated at, southwest from Narayan Chaur, Janaki Eye Hospital and east from Vihar Kund. Lakshminarayan, Tirupati Balaji, Tridandi Swami etc. are worshiped in this temple. The statue of Lakshminarayan is of marble. Temple of Lakshmi Narayan founded by Shri Basudev Acharya Swami is dated earlier than BS. 1905. There are 108 verse (slok) of Original Ramayan written all around the pillar in a unique way. During religious festivals, devotees write 1.5 million ‘Ram Nam’ on TulsiPatra and put inside the temple. There is a belief that one round around the pillar equals to a hundred million times being to the other pilgrimage.