The novel transition metal ion complexes were synthesized by refluxing the ethanolic solutions of metal acetates with Schiff base in 1:2 ratios. The structure and characterization of synthesized complexes of Mn (II), Co (II), Ni (II), Cu (II) and Zn (II) with Schiff base (E)-2-((7H-purin-6-ylimino)methyl)phenol were elucidated by using ¹H NMR, FT-IR and UV-Visible spectroscopic techniques. The synthesized compounds were also been screened against gram positive and gram-negative bacteria. The novel compounds were further carried out for the study of magnetic susceptibility.