Madareshwar Shiva Temple is located on the eastern part of Banswara inside a natural cave on a hill. During the occasion of Mahashivratri, Rudra Abhishek pooja is organised at this temple. This temple serves as the inception point for Kavadi yatra, which ends at the Baneshwar Temple. The yatra includes fetching the water from Mahi River and subsequently worshipping Lord Shiva with that water. Situated in proximity of Banswara district headquarters, this temple can be reached by hiring tempo or taxi from Banswara-Ratlam road.