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Abutilon indicum (Linn) family Malvaceae, commonly known as Atibala is an important medicinal plant. The whole plant as well as specific part such as root, leaves, and flower is used to treat various health ailments. It is found as a weed in sub-Himalayan tracts, hills up to 1200 m and in hotter parts of India. The plant is found to possess immunodulatory, anticonvulsant, larvicidal, Lipid lowering, diuretic, and anti –ulcer activity. The plant contains mucilage, tannins, β-sitosterol, asparagines, flavonoids, alkaloids, hexoses, n-alkane mixtures (C22-34), alkanol, gallic acid and sesquiterpenes. Thus the aim of present review is to provide detailed survey of literature on the phytochemical and pharmacological properties of Abutilon indicum.