Wire electric discharge machining is an efficient technique among the available nonconventional machining process and is mostly used for machining complex shapes and hard materials. This process also acts as a form of surface modification technique. The discharge energy of machining process influences the nature of the machined surface to a very high degree due to high heat generation and deposition of wire electrode material. 316L stainless steel is widely used in engineering, marine and medical applications. Although 316L SS is a corrosion resistant material, there is a lot of research going on to improve its corrosion resistance by different surface modification techniques due to its applications. Investigation on the effect of WEDM parameters on the corrosion behavior of 316L SS material is carried out. Corrosion studies were carried out by Potentiodynamic polarization test and phase analysis was carried out by using XRD. Significant enhancement in the corrosion resistance of WEDMed surface is observed with the variation in pulse on time and peak current. Pulse on time and peak current are the significant parameters influencing the amount of discharge energy. Low level of discharge energy enhanced the corrosion resistance of WEDMed surface.