The Svarnajaleswar Temple is situated a little south of Parsurameswar Temple and consists of fine-looking depictions from the epic Ramayana.

Standing on the road from the Lingaraj to the Kedargouri temple, the Svarnajaleswar Temple is now being reconstructed, after being scaled down to ruins. The evidences that connect with the Parsurameswar are that the cult images in both consist of specific characteristics and that both possess close architectural affinities. It bears on the joist of its northern niche, a scene of Lord Siva`s marriage, which can be considered as a replica of a similar scene carved on the joist of the eastern niche of the Parsurameswar. The Swarnajaleswar like all the early temples also bears several scenes from Ramayana & The Mahabharata in a buried panel running round the Vimana and creating the transition between the Vada and the Sikhara.