Abstract: A process for production of an electronic component having terminal electrodes comprising heat treating the electronic component element to be formed with first and second terminal electrodes in a state held by a rubber member, then coating the initial first terminal electrode paste, whereby, even in the step of applying the initial electrode paste, the wettability of the surface of the element by the electrode paste is improved and, as a result, the coating edge of the electrode paste becomes straight without becoming wavy or rounded due to the surface tension with the element as in the past and the edge of the terminal electrodes formed by drying the paste coated portions also become straight. Further, the electronic component element to be formed with terminal electrodes may be coated with the electrode paste after immersing it in a solution containing a silicone oil and drying it.