This paper aims to develop a review of the electrokinetic flow in microchannels. Thermal characteristics of electrokinetic phenomena in microchannels based on the Poisson–Boltzmann equation are presented rigorously by considering the Debye–Hückel approximation at a low zeta potential. Several researchers developed new mathematical models for high electrical potential with the electrical double layer (EDL). A literature survey was conducted to determine the velocity, temperature, Nusselt number, and volumetric flow rate by several analytical, numerical, and combinations along with different parameters. The momentum and energy equations govern these parameters with the influences of electric, magnetic, or both fields at various preconditions. The primary focus of this study is to summarize the literature rigorously on outcomes of electrokinetically driven flow in microchannels from the beginning to the present. The possible future scope of work highlights developing new mathematical analyses. This study also discusses the heat transport behavior of the electroosmotically driven flow in microchannels in view of no-slip, first-order slip, and second-order slip at the boundaries for the velocity distribution and no-jump, first-order thermal-slip, and second-order thermal-slip for the thermal response under maintaining a uniform wall-heat flux. Appropriate conditions are conferred elaborately to determine the velocity, temperature, and heat transport in the microchannel flow with the imposition of the pressure, electric, and magnetic forces. The effects of heat transfer on viscous dissipation, Joule heating, and thermal radiation envisage an advanced study for the fluid flow in microchannels. Finally, analytical steps highlighting different design aspects would help better understand the microchannel flow’s essential fundamentals in a single document. They enhance the knowledge of forthcoming developmental issues to promote the needed study area.