The pollution of soil by heavy metals and organic pollutants has become a significant issue in recent decades. For the last few years, nanobiotechnology has been used to bio-remediate or reclaim soil contaminated with organic and inorganic pollutants. The removal of pollutants from industrial wastes is a major challenge. The utilization of nanomaterials is gaining popularity, which might be accredited to their enhanced physical, chemical, and mechanical qualities. The development of advanced nanobiotechnological techniques involving the use of nanomaterials for the reclamation of polluted soils has indicated promising results and future hope for sustainable agriculture. By manufacturing environment-friendly nanomaterials, the industrial expenditure on decreasing the load of pollution might be reduced. A potential emerging domain of nanotechnology for eco-friendly production and cost reduction is “green biotechnology”, alongside the utilization of microorganisms in nanoparticle synthesis.