The invention discloses a backward blanking die and a blanking machining method thereof. The backward blanking die comprises a forward blanking punch, a backward blanking punch, a forward blanking female die plate and a backward blanking female die plate; the backward blanking female die plate is located above the forward blanking female die plate, a forward blanking female die is arranged on theforward blanking female die plate, a backward blanking female die is arranged on the backward blanking female die plate, the forward blanking punch penetrates through the backward blanking female dieand points to the forward blanking female die, and the front end of the backward blanking punch penetrates through the forward blanking female die and points to the backward blanking female die; and aspring is installed at the tail end of the backward blanking punch, the spring is arranged in the length direction of the backward blanking punch, and the outer contour of the forward blanking punchis larger than the inner diameter of a blanking groove in the forward blanking female die. According to the backward blanking die, the structure is simple and reasonable, the manufacturing cost is low, the blanking quality is good, burrs cannot be generated along an edge after blanking, and the use effect is good; and meanwhile, the machining method does not require for manual judgment, the die and the method can be applied to the production process of a mechanical assembly line, the machining cost is low, and the machining efficiency is high.