The Akshay Vat banyan tree, which is thought to be the oldest tree still in existence, is mentioned in numerous holy literature. According to legend, Goddess Sita once gave the Akshay Vat (tree) the blessing to be eternal and never shed a leaf throughout any season.
According to a different legend, this tree was the only item to remain above water when Lord Narayan once flooded the earth to demonstrate his abilities to the sage Markandeya.
This tree has been identified as the resting site of Lord Rama in the epic Ramayana. Jain scriptures claim that Rishabha, a tirthankara, used to spend a lot of time in meditation under this tree. The Jains regard it as sacrosanct as a result. In close proximity to the Vishnupad Temple is Akshay Vat.
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