The Shri Mahavirji Fair is held from Chaitra Shukla Ekadasi to Baisakh Krishna Dwitiya (march - April ) to commemorate the memory of Shri Mahavir Swami, the 24th tirthankara (saint) of the Jains, in Chandangaon. Among the visitors to the fair are the principal followers of Mahavir Swami - the Digambar Jains, who come from far and wide to pay homage to the Saint at the shrine.

The pilgrims gather at the temple to worship, meditate and seek the blessings of the saint with folded hands. The image of Mahavirji is washed early in the morning, the ritual being called prakshalan. This is followed by pujan and ashta-argha (eight oblations).