Background: Now a day, cardiovascular diseases have been a major cause of death in the world. The heart sound is still the primary tool used for screening and diagnosing many pathological conditions of the human heart. The abnormality in the heart sounds starts appearing much earlier than the symptoms of the disease. In this study, the Phonocardiography signal has been studied and classified into three classes, namely normal signal, murmur signal and extra sound signal. A total of 15 features from different domains have been extracted and then reduced to 7 features. The features have been selected on the basis of correlation based feature selection technique. The selected features are used to classify the signal into the predefined classes using multi- class SVM classifier. The performance of the proposed denoising algorithm is evaluated using the signal to noise ratio, percentage root means square difference, and root mean square error. For this work a publically available database for researchers, Partnership Among South Carolina Academic Libraries (PASCAL) and MATLAB 2018a was used to develop the proposed algorithm.Results: Our experimental result shows that the 4th level of decomposition for the Db10 wavelets shows the highest SNR values when using the soft and hard thresholding. The overall accuracy, Sensitivity and Specificity of the developed algorithm is 97.96%, 97.92 % and of 98.0% respectively.Conclusion: even if the proposed algorithm is useful for murmur detection mainly valve-related diseases and the efficiency of the proposed study is increased, future work will intend to generalize the algorithm by using hybrid classifiers on a larger dataset. Since all experiments used the PASCAL datasets, additional experiments will be needed using new datasets to be implemented using the latest mobile phones which can work as an electronic stethoscope or phonocardiogram. In addition, the case of continuous murmur and types of murmur has been included for classification in further studies.