To the southwest of Vijayavitthala Temple, one can find the monument popularly known as the King's Balance. It consists of two lofty carved granite pillars about 15 feet high supporting a stone beam about 12 feet, provided with three hoops on the underside. One of the pillars has a bas-relief depicting a king and two queens, possibly Krishna Deva Raya and his consorts.

Also known as Tula Bhara or Tula Purushadana, the balance was used to weigh the kings of Vijayanagara on certain occasions like solar or lunar eclipse, New years day and coronation day against precious diamonds, gems, gold, silver, etc. and distribute them to the Brahmins.