The mandir was built by Swami Haridas who was born to Shri Ashudhir and his wife smt. Gangadevi on the day of Radhasthami who lived in a small village, whose name has now been changed to Haridaspur.
Many people who visit the mandir and many localites, who are commonly known as Brijwasis believe that the sound of the flute being played by Lord Banke Bihari can still be heard in Braj from time to time. Another interesting fact about this temple is that it is the only temples where the visitors are prohibited from playing loud bells in the early morning so as to prevent Lord Krishna from waking up. The image of Lord Krishna in the temple is seen to be standing in a Tribungha posture. Lord Krishna is also known as Banke Bihari as “Banke” meant “bent” and “Bihari” in hindi means “enjoyer”. Therefore he got the name Banke Bihari due to his bent posture.