The religious visual art is mainly concerned with the way which religious ideas and messages were transformed into symbols and illustration. Symbolism is one of the most important characteristics in Indian religious art. Symbolism is one of the most important characteristics in Indian religious art. Symbols and illustrations which pay respect to the greatness of universe play an important role in transmission of religious teachings as they are much more effective means to connect with ordinary people than those of linguistic texts. During its lengthy process of formation, symbols have taken shape with common ideas of various nationalities in India, and in effect, have combined with wide range of both cultural and religious concepts, such as classical texts, religious scriptures and teachings, secular mythologies, literature, social rules, philosophical outlooks and so on. Unearthed objects from archaeological discovery provide important evidence of the origin of the Indus civilization and traces of the uses of symbols in early Indian religious art. The present research mainly focuses on the study of existing unearthed art objects with special reference with the historical process of the interaction among symbols in Hindu and Buddhist Art through historical rise and decline of dynasties in Indian sub-continent. The use of elements of symbol began from Indus. The Buddhist art began in Maurya period. The following dynasty has also made great contribution to Buddhist art. At the same time Brahmaruism which was in line with the tradition art of Indus, created an art form distinct from Buddhist art. Subsequently, Hinduism has overtaken Buddhism during the 7th to 13th century. With the rise Muslim and Islamic invasion in India, Bddhism and Hinduism were both ruthlessly persecuted. Consequently, the distinct art development in Indian religious art forced to be suspended abruptly.