The present study deals with in vitro antioxidant and antifungal activities of bark extracts of Soymida febrifuga Roxb. The antioxidant activity was done by using 2, 2-Diphenyl-1-picrylhydrazyl (DPPH) radical, total antioxidant assay, and nitric oxide scavenging assay. This study ascertains that the S. febrifuga Roxb bark extract could serve as an important bio-resource of antioxidants for using in food and pharmaceutical industry. Besides, 5 antifungal strains namely Geotrichum candidum, Microsporum canis, Trychophyton rubrum, Chrysosorium tropicum and Rhizopus stolonifer were used for antifungal activity. Out of five tested G.candidum, M.canis and T.rubrum were found to be positive and of these three G.candidum showed higher inhibition zone compared to M. canis and T. rubrum. The result reveals the higher proportion of antioxidant and antifungal properties.