Digital image watermarking is a major domain for hiding the biometric information, in which the watermark data are made to be concealed inside a host image imposing imperceptible change in the picture. Due to the advance in digital image watermarking, the majority of research aims to make a reliable improvement in robustness to prevent the attack. The reversible invisible watermarking scheme is used for fingerprint and iris multimodal biometric system. A novel approach is used for fusing different biometric modalities. Individual unique modalities of fingerprint and iris biometric are extracted and fused using different fusion techniques. The performance of different fusion techniques is evaluated and the Discrete Wavelet Transform fusion method is identified as the best. Then the best fused biometric template is watermarked into a cover image. The various watermarking techniques such as the Discrete Cosine Transform (DCT), Singular Value Decomposition (SVD) and Bacterial Foraging Optimization Algorithm (BFOA) are implemented to the fused biometric feature image. Performance of watermarking systems is compared using different metrics. It is found that the watermarked images are found robust over different attacks and they are able to reverse the biometric template for Bacterial Foraging Optimization Algorithm (BFOA) watermarking technique.