Abstract The inorganic-organic multiferroic magnetoelectric materials possess extensive research interest for an application point of view considering the flexible magnetoelectric devices. The ferroelectric polymer based poly(vinylidene fluoride) - Zn 0.2 Co 0.8 Fe 2 O 4 magnetoelectric flexible having self-standing nanocomposite film has been prepared through the low temperature chemical process and followed by the solution casting technique. The structural characterizations have been carried out by X-ray diffraction technique. The surface morphology of this film is analysed using atomic force microscopic topography. The electrical properties of the flexible film have been observed with an induced effect of confirmable visible light, where the magnetic field produces a significant influence. The combined effect of the visible light and the magnetic flux is controlling the electrical properties of the film. This film is showing the resistive switching effect with time and the radiation of light energy at room temperature. The magnetoelectric coupling coefficient of the flexible film has been measured as a function of an applied magnetic field at different experimental configurations at room temperature. The attempted research work provides an information about the visible light and magnetic field induced effects of the magnetoelectric material. However, it may be extended for an application purpose to develop the multiferroic magnetoelectric based devices.