He was born on 5 September 1943, in a religious family and was named as Shri Khairati Lal Bhardwaj. His father, Pandit Khushiram Bhardwaj was a devotee of Lord Krishna and a scholar of Sanskrit, Astrology, Vedanta, Shastras and Upanishads. Pandit Khushiram Bhardwaj Ji became a disciple of Swami Swarupanand Ji Maharaj, adopted a life of renunciation (Sanyas) and was later famed as Shri Rajyogacharya Paramhans Swami Ramanand Satyarthi ji Maharaj.
Swami Keshwanand Satyarthi Ji Maharaj acquired knowledge of Rajyoga from Shri Swami Ramanand Satyarthi ji Maharaj. By the age of ten years, he used to go into state of super-consciousness (Samadhi) with ease. He continued his practices of Raj Yoga with his schooling and graduation. He completed his degree of M.A. and married a well-read girl hailing from a cultured family.
Shri Swami Advaitanand Ji Maharaj (1846-1919) the "First Spiritual Master" of the Advait Mat, initiated Shri 1008 Paramhans Swami Swarupanand Ji Maharaj (also known as Shri Nangli Nivasi Bhagwan Ji) in the early 1900s. Swami Swarupanand Ji Maharaj is considered a super-eminent spiritual master in India. Thousands of people visit Shri Nangli Sahib where resides the Samadhi temple of Shri Swami Swarupanand Ji Maharaj. He had initiated more than a thousand Mahatmas and Baijis as disciples. In 1930, Shri Swami Swarupanand Maharaj Ji permitted Shri Swami Ramanand Satyarthi Ji Maharaj to give Updesh to devotees acknowledging his spiritual state. Accordingly, Shri Swami Ramanand Satyarthi Ji Maharaj started preaching in Saalam Ashram in West Punjab (now in Pakistan). Shri Paramhans Swami Ramanand Satyarthi Ji Maharaj laid the foundation of Raj Yog Mandir in Delhi on the day of Kartik Poornima in 1964. He also founded the spiritual institution Paramhans Satyarthi Mission.[1][3]
On 2 July 1985 (the day of Vyas Pooja), Shri Swami Ramanand Satyarthi Ji Maharaj declared Shri Khairati Lal Bhardwaj as his spiritual successor and the patron saint of Paramhans Satyarthi Mission and named him as Shri Swami Keshwanand Satyarthi Ji Maharaj.[4]
Shri Swami Keshwanand Satyarthi Ji Maharaj and his wife (Sant Maa Divyanand Satyarthi Ji) took sanyaas and vowed to publicize the supreme knowledge of Paramhans tradition on 8 January 1995 at Shri Satyarthi Samadhi Mandir, Shri Nangli Sahib, Meerut. Swami Keshwanand Satyarthi Ji Maharaj founded various Satyarthi Dhams (Ashrams) at New Delhi, Haridwar, Lucknow, Chhatarpur, etc. Swami Keshwanand Satyarthi Ji Maharaj organised Gyan-Yagyas at different places and camps for spiritual and moral understanding every year at Rajyog Mandir, New Delhi.[5][6][7]