Many herbal remedies have been employed in various medical systems for the treatment and management of different diseases. This plant Centella asiatica is a perennial herbaceous creeper, faintly aromatic and a valuable medicinal herb which has been used in different system of traditional medication for the treatment of diseases and ailments of human be ings. It is reported to contain various biochemical compounds such as Alkaloids, Flavonoids, Glycosides, Terpenoids and Saponins etc. It has been reported as analgesic, anticonvulsant, antidiabetic, antidep ressant, antifertility, antifilarial, antipsoriatic, anti- inflammatory, antioxidant, antileprotic, antimicrobial, antispasmodic, antitubercular, antitumor, antiulcer, anaxiolytic, immunomodulatory, memory enhancing g, sedative, stimul ant and wound healing activities. The present review attempts to encompass the up-to-date comprehensive literature analysis on Centella asiatica with respect to its phytochemistry, pharmacognostic characters and its various pharmacological activities.