History:
Bhimtal is an ancient place named after Bhima of Mahabharata. Bhimeshwara Mahadev Temple, an old Shiva temple in the bank of Bhimtal lake, is believed to have been built when Bhima visited the place during the banishment (vanvas) period of Pandavas. The present temple was built in 17th century, by Baz Bahadur (1638-78 AD), a King of the Chand dynasty, and the Raja of Kumaon Bhimtal came under British rule after the Anglo-Nepalese War (1814–16), when Naintal became the summer capital of the province.
Bhimtal is older than nearby Nainital as the city of Nainital is just 150–160 years old. But Bhimtal has been a stoppage for the travellers of the region from hills to plains or vise versa for a long time. The old pedesterial road is still in use here and this road connects nearby Kathgodam to all Kumaun region and even to Nepal and Tibet. It might have been the part of the famous ancient silk route.