Abstract: An apparatus for punching an anchor bolt insertion hole is disclosed. The apparatus enables punching work for forming the anchor bolt insertion hole, of which the bottom side is wider than an inlet, on a panel surface for constructing a concrete structure to be performed regardless of the skill of a worker. During operation, the apparatus provides the movement direction of a hammer drill into the vertical direction and the inclination direction so as to enable precise punching work, and doubly arranges springs, which are elastic devices for adjusting the movement range of the hammer drill, so as to uniformly maintain the angle and size for cutting a wall such that a cross-sectional diameter is large at a portion adjacent to the bottom of the anchor bolt insertion hole.