Along with the 2 other monasteries that belong to the Kagyu sect of Tibetan Buddhism, Phodong monastery was founded by the 9th karmapa in the 18th century. However, the monastery was rebuilt in the 20th century, although the old mural paintings and frescoes were preserved.
The monastery has a residence of approximately 260 monks and has a numerous collection of some ancient murals. Like the Ralong and Rumtek the main annual Puja is performed on the 28th & 29th days of the tenth month of the Tibetan Calendar when the religious dances are performed. Phodong Monastery is one amongst the six most important Buddhist monasteries in Sikkim.
The monastery is located at an average elevation of 1371.6 meters and is regarded as the first monastery related to the Kagyu sect to be established in Sikkim. The Monastery is to be found a kilometre ahead of Phodong on a hill. This monastery can be reached easily by hiring private transport like taxis, jeeps, etc. from Magan in Sikkim. The best time to visit the place is between October to March and March to June.