Nanoparticles of MnBi x Fe 2-x O 4 (x = 0.0, 0.02, 0.04, 0.06) have been synthesized by a chemical co-precipitation method. X-ray diffraction analysis (XRD) reveals that bismuth exits in its Bi 3? and Bi 5? state. It was also observed that bismuth substitution enhances the grain growth and density. The dielectric constant (e 0 ) and the loss tangent (tan d) increases with increase in bismuth content. Resistivity (q) and maximum magnetization (M) was found to decrease with increasing bismuth content.