Mani Parvat is located at a distance of 1 km from Ayodhya railway station near Vidya Kund, is about 65 feet in height. The temple located on this Parvat is believed to be very old (Treta Period) & was later renovated by Vikramaditya. Two sets of belief are associated with it. According to one, while carrying Sanjeevani Booti (herb), by Lord Hanuman a chunk of the hill fell down here & later on got to be known as Mani Parvat.
According to another set of belief this place owes its origin to the times of Lord Buddha who is supposed to have meditated here for six years. It is also believed that Sita used to come here in every Shravan month to enjoy the pleasure of swing (Jhula). Even today the Shravan mela (Jhulonotasva) of Ayodhya begins from this place in Shravan month.