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This paper focuses on the effect of the die and punch radii on the springback in the air V-die free bending process of stainless steel sheet metal. The experiment was performed on sheet metal using various die and punch radius values while their springback behavior was observed. The design of experiment approach was used in these experiments using the full factorial and analysis of variance methods to identify whether or not the die and punch radii are significant input parameters in predicting springback. From the statistical analysis, it shows that the die and punch radius parameters are significant factors contributing to the springback effect in the V-die bending of stainless steel sheet metal at the significance level of 0.05 because their p value is less than 0.05. The results from the experiments showed that springback is affected by the die and punch radius values in the air V-bending experiments. From this analysis, it can be concluded that the springback values can be decreased by decreasing the values of the die and punch radii. In the air V-die bending process, the punch radius is the most important factor to be considered. The experimental method agreed well with the design of experiment results.