Baba Muktananda said that Akkalkat Swami was a born Siddha who descended from Siddhaloka, the realm of the Siddhas, to alleviate the pains and sufferings of humanity by bestowing divine grace.

Miraculous events, healings, and the compassionate love and grace of Akkalkot touched the lives of thousands of people.
In 1878, he took mahasamadhi. In the last days of his life, Akkalkot seeing the grief on his disciples' faces, repeated a verse from the Bhagavad Gita: "For those who solely worship me, thinking of no other, and who are devout I provide all their requirements and ensure ensure their security too."
He spoke his last message: "No one should weep. I shall be present at all places; I shall respond to every call of the devotees."

Akkalkot's Swami's samadhi shrine is still a place of pilgrimage where his love and compassion can be felt and experienced.

Akkalkot Swami had the capacity to read the minds of all the people coming to him and also was able to know about their past and future. Baba Saheb Jadhav, one of his great devotees one day came to meet the Master. Seeing him suddenly Akkalkot Swami said "Oh Potter! There is a summons coming in your name?. The potter being in the close circle of Akkalkot Swami understood the meaning of this sentence and begged of the Swami to save him from the approaching death so that he could continue to serve him (the Master). Moved by his devotion Akkalkot Swami looked-up towards the sky and muttered something as if he was addressing to someone who was invisible. Suddenly, he pointed his hand towards a bull passing nearby and said in a loud voice "go to the bull". In the presence of a large number of devotees, the bull instantly fell dead. Jadhav, with a fresh lease of life, devoted himself totally to the service of Akkalkot Swami thereafter.