Electro-osmotic flow of a physiological fluid with prominent micropolar characteristics, flowing over a microchannel has been analyzed for a situation, where the system is subject to the action of an external AC electric field. In order to account for the rotation of the micro-particles suspended in the physiological fluid, the fluid has been treated as a micropolar fluid. The microchannel is considered to be bounded by two porous plates executing oscillatory motion. Such motion of the plates will normally induce oscillatory flow of the fluid. The governing equations of the fluid include a second-order partial differential equation depicting Gauss’s law of electrical charge distributions and two other partial differential equations of second order that arise out of the laws of conservation of linear and angular momenta. These equations have been solved under the sole influence of electrokinetic forces, by using appropriate boundary conditions. This enabled us to determine explicit analytical expressions for the electro-osmotic velocity of the fluid and the microrotation of the suspended micro-particles. These expressions have been used to obtain numerical estimates of important physical variables associated with the oscillatory electro-osmotic flow of a blood sample inside a micro-bio-fluidic device. The numerical results presented in graphical form clearly indicate that the formation of an electrical double layer near the vicinity of the wall causes linear momentum to reduce. In contrast, the angular momentum increases with the enhancement of microrotation of the suspended microparticles. The study will find important applications in the validation of results of further experimental and numerical models pertaining to flow in micro-bio-fluidic devices. It will also be useful in the improvement of the design and construction of various micro-bio-fluidic devices.