The Schiff base complexes derived from 2-furancarboxaldehyde and 5-Chloro-2-amino phenol have been prepared and characterized using several physical techniques, like elemental analysis, thermogravimetric analysis, magnetic moment measurements, infrared and resonance spectra. 5-Chloro-2-amino phenol was condensed stoichiometrically with 2- furancarboxaldehyde in presence of methanol. The resulting 1,7- di(2-hydroxy-5- chloro phenol) 1, 7 aza-1, 3, 5 heptarine-3-ol hydrochloride was characterized by elemental analysis and spectral studies. The transition metal complexes of Cu+2, Ni+2, Co+2 and Mn+2 of the synthesized complexes were prepared. Metal ligand (M: L) ratio, IR, reflectance spectral studies, magnetic properties and antimicrobial activity of the synthesized complexes and its metal complexes were carried out.