One of the most recent focal plant species in India is Oxalis corniculata Linn, often known as creeping woodsorrel and a member of the family Oxalidaceae. It is a native to tropical and subtropical areas of the globe and is significant in medicine. Several conventional medical practices have used the herb O. corniculata Linn. to cure human illnesses and afflictions. The review is designed to assess the publication based on the research review on O. corniculata. The literature for a decade from 2011 to 2021 was collected from scientific databases such as PubMed, PubMed Central, Scopus, Science Direct, and Google Scholar. A methodical search was performed using various keywords in order to get a deeper insight into the database. The review indicates that several phytochemical compounds, including flavonoids, tannins, phytosterols, phenol, glycosides, fatty acids, galacto-glycerolipids, and volatile oil, have been isolated from the plant. The leaves are rich in flavonoids, isovitexine, and vitexine-2"-Obeta-D-glucopyranoside. It is an abundant supply of important fatty acids such as palmitic acid, oleic acid, linoleic acid, linolenic acid, and stearic acid. The chemical structure of the identified compound given in the literature was sketched using the chem sketch freeware version, which would help the researchers to study the chemical nature of the compound in reference to identifying the lead molecule for further designing the semisynthetic derivatives with optimized activity. Also from the literature, it has been revealed that different parts of O. corniculata were assessed for pharmacological activities and found to possess antidiabetic activity, wound healing activity, antioxidants, anxiolytic properties, protective effect on induced nephrotoxicity, and antibacterial activity. The major focus of the review was to identify the folkloric uses of the plant that were reported in the published study. For a long time, traditional medicinal practitioners have used the plant to treat bad breath and is a rich source of Vitamin C for the treatment of Vitamin C deficiency for the treatment of stomach disorders in the area of the Cold Desert of Western Himalaya, Traditional healers from many locations reportedly used it to treat cataracts, sinusitis, conjunctivitis, and typhoid. The plant is utilized for athlete's foot, wounds, hypertension, diabetes, and hormonal imbalance; stomachache and migraine; excessive menstruation; cough; and poison antidote; as a blood tonic to be taken orally; intestinal gas; stomach discomfort; renal pain; kidney stone; and strengthening urinary tract wall; as a therapy for fractures and snakebites; as utilized to cure renal conditions; leaf paste to promote speedy healing; topically to cure worms and scorpion stings; and skin ailments; utilized to cure renal conditions; topically to cure worms; and scorpion stings; and skin ailments; therapeutic characteristics, such as astringent; and hemorrhoea.