महायोगपीठे तटे भीमरथ्यावरं पुण्डरीकाय दातुं मुनीन्द्रैः ।समागत्य तिष्ठन्तमानन्दकन्दंपरब्रह्मलिङ्गं भजे पाण्डुरङ्गम् ॥ 1 ॥
In plain words
On the sacred bank of the Bhīmarathī, at the great seat of yoga, Pāṇḍuraṅga stands for the sake of His devotee Puṇḍarīka—the very source of bliss, a living sign of Supreme Brahman. I adore Him.
Close to the Sanskrit
At the great seat of yoga on the bank of the Bhīmarathī, having come to grant a boon to Puṇḍarīka, He stands, the source of bliss and the manifest sign of Supreme Brahman. I worship Pāṇḍuraṅga.