Aim: This study aimed at reviewing the importance of polyherbal hair oil for the treatment of common hair problems such as baldness, alopecia, hair fall, gray hair, dryness, and most common dandruff. Materials and Methods: The various herbal ingredients are used in the formulation are: Amla, Bhringraj, Yashtimadhu, Triphala, Henna, Neem, Aloe vera, hibiscus flowers, coconut oil, cow milk, grated coconut, and water. All ingredients provide essential nutrients such as vitamin, antioxidant, protein, terpenoids, and many essential oils to maintain normal function of sebaceous glands. Procedure for oil preparation is divided into two parts: (1) preparation of decoction of all the herbs and (2) oil preparation. Results and Discussion: Excellent results of hair growth were seen in formulation prepared by the abovementioned procedure. Formulated herbal oil was evaluated for various parameters such as specific gravity, viscosity, acid value, saponification value, pH, and irritation tests. Conclusion: In general, herbal formulation provides good blend of vitamins, antioxidants, terpenoids, and essential oils. All the values in the evaluation of finished product showed that they are within the acceptable limits. Hence, it is concluded that the oil is beneficial in maintaining good growth of hairs, turning gray hairs to black, providing protection from dandruff, and results in lustrous hairs.