In India parents and teacher mostly use corporal punishment as a disciplinary technique. The purpose of the present study is to see whether the effect of corporal punishment continues in adulthood. Further, the study also tries to find out the effect of gender and perceived effect of punishment on SWB and adjustment of young adult. 186 participants (Female 100 and Male 86), aged 19 to 24 years, participated in the study. Results showed that childhood punishment as well as perceived effect of punishment had negative effect on SWB and adjustment of young adult. There was no gender variation on the variables. However, an interactive effect of gender and punishment on both variables was evident. Thus the present study implies that it is necessary to psycho educate authority figure about the negative effect of punishment.