We discuss the particle size driven tunability of the coexistence of ferromagnetism and ferroelectricity in Pr0.67Ca0.33MnO3 (PCMO) with the help of x-ray diffraction (XRD), magnetization, impedance spectroscopy and remanent polarization measurements. The remanent polarization measurements using 'Positive Up Negative Down' (PUND) method clearly prove the existence of ferroelectricity in PCMO with phase separation between Zener Polaron (ZP) ordered P21nm and disordered Pbnm structures. We also find that the ferroelectric response is enhanced in nanocrystalline samples so long as ZP ordering is not destroyed while the long range antiferromagnetic ordering at low temperature in bulk system is replaced by ferromagnetic correlations in nanoparticles. The conclusion, that by reducing the crystallite size, it might be possible to make ferromagnetism and ferroelectricity coexist near room temperature, should be generally applicable to all ZP ordered manganites. [Published: Phys. Rev. B 90, 245126 (2014)]