He was born in Hamsavatī. He lived for ten thousand years in three palaces: Naravāhana, Yassa (or Yasavatī) and Vasavatti. His wife was Vasudattā, by whom he had a son, Uttara. His body was fifty eight cubits high. He died in Nandārāma at the age of one hundred thousand, and a stupa twelve leagues in height was erected over his relics.
His life parallels that of Gautama Buddha except that he was assisted by different people and his bodhi tree was a salala. Many of Gautama Buddha's disciples were said to have begun their desire for monkhood in the time of Padumuttara Buddha.