Catharanthus roseus is an important evergreen medicinal herb of Apocynacea family used mainly for treatment of cancer and diabetics. The plant was 1 m in height and commercially grown widely in India, Australia, Africa and Southern Europe. Alkaloids such as vincristine and vinblastine, flavonoids and phenolic are the main components of plant. The plant exhibits various biological properties such as antibacterial, anticancer, antioxidant, antihyperglycemic, anti-hypertensive, antidiabetic and wound healing. In the present study we have tried to collect traditional uses, phytochemical constituents and pharmacological properties of plant. This study should be used to understand the health promoting properties of this multipurpose plant and it may also provide clues for discovery of new lead compound of pharmaceutical importance.