Satellite based remote sensing technology has proven to be an effectual tool in analysis of drainage networks, study of surface morphological features and their correlation with groundwater management prospect at basin level. The present study highlights the effectiveness and advantage of remote sensing and GIS-based analysis for quantitative and qualitative assessment of flood plain region of lower Kosi river basin based on morphometric analysis. In this study, ASTER DEM is used to extract the vital hydrological parameters of lower Kosi river basin in ARC GIS software. Morphometric parameters, e.g., stream order, stream length, bifurcation ratio, drainage density, drainage frequency, drainage texture, form factor, circularity ratio, elongation ratio, etc., have been calculated for the Kosi basin and their hydrological inferences were discussed. Most of the morphometric parameters such as bifurcation ratio, drainage density, drainage frequency, drainage texture concluded that basin has good prospect for water management program for various purposes and also generated data base that can provide scientific information for site selection of water-harvesting structures and flood management activities in the basin. Land use land cover (LULC) of the basin were also prepared from Landsat data of 2005, 2010 and 2015 to assess the change in dynamic of the basin and these layers are very noteworthy for further watershed prioritization.