Deep drawing is a metal forming process that involves complex metal flow and widely used in various manufacturing. The process parameters such as punch corner radius and die corner radius affect the product quality. The punch velocity is also important to obtain the desired product shape. However, it is rare to observe the combination of process parameters effects such as punch and di corner radii and punch speed. In this study, the influences of punch corner radius, die corner radius, and punch speed on deep drawn formability and defect formation are analysed. Taguchi Method is applied to build the design of simulations, and the axisymmetric model is used to simulate with Finite Element Analysis-based ABAQUS software. The results showed that the punch corner radius and die corner radius mainly affect stress and strain distribution and the punch velocity affect the formability of the product and the production time.