Solar cells based on organic-inorganic lead halide perovskites are popular in the photovoltaic community due to their high efficiency, low cost, and solution processability. Understanding the fundamentals of metal halide perovskite and its interfaces is extremely important for achieving high-quality materials and developing efficient devices using these materials with the necessary properties. Various methodologies have been used to evaluate the excellent optoelectronic properties, efficiency, and stability of PSCs. In this article, we reviewed the case studies of characterization techniques to investigate structural, optical, and electrical properties of perovskite material via electron microscopic techniques (SEM and TEM), <em>J-V</em> measurements, AFM, XRD, and spectroscopy techniques (PL, UV-vis, XPS, Raman, FTIR, and EIS). PSCs also need to have long-term stability and large-scale applicability for successful commercialization. In this review, we studied perovskite in detail to understand the key properties of the materials to facilitate the commercialization of PSCs.