Herein, we report an intrinsic fluorescence in polyethylene glycol (PEG) coated manganese ferrite (MnFe2O4) magnetic nano particles (MNPs). Generally, nano ferrites (NFs) do not show fluorescence characteristics, however, imparting fluorescence in these materials can be valuable for many applications as the stipulation of external control over the properties by external field provides an opportunity to develop active-controlled devices. In the present work, PEG-200 coated MnFe2O4 MNPs have been synthesized by a large-scale, facile one-pot hydrothermal method. The optical properties of MnFe2O4 MNPs have been by photoluminescence (PL) spectroscopy suggest that the prepared sample is showing sharp emission spectra at 422 nm, corresponding to the violet band, and second at 458 nm corresponding to the blue band. The presence of oxygen vacancy created at both tetrahedral and octahedral sites and shallow hole defects are responsible for the PL behavior in the PEG-coated MnFe2O4. The time-resolved PL (TRPL) results suggest that the MnFe2O4 MNPs have two decay times τ1=1.29ns and τ2=6.85ns which are non-correlated and correspond to different defect states. The electronic bandgap of the MNPs is 3 eV obtained from the Tauc plot using UV absorption spectra. Moreover, the structural analysis has been carried out using X-ray diffraction and various optical and magnetic properties have been correlated to structural parameters and cation distribution. The ferromagnetic resonance (FMR) spectra of the MnFe2O4 MNPs sample show a broad single peak which confirms the ferromagnetic characteristics of the sample and the g-value obtained for the sample is 1.98 which suggests that the super exchange interactions (SEI) dominates over the dipolar interaction. The M-H loop confirms the single domain nature of the sample and the saturation magnetization (SM) is 68 emu/g. The obtained value of SM is higher than the previously reported literature due to an increase in the occupancy of Fe3+ and Mn2+ ions at octahedral sites (Neel’s model). Further, the FTIR spectra confirm the spinel phase formation, and the size distribution and average size are obtained using electron microscopy analysis. The intrinsic fluorescent PEG-coated MnFe2O4 are highly suitable for a diverse range of biomedical (bio-imaging, sensing, magnetic resonance imaging (MRI) contrast agent), optoelectronics, and optical applications.