Aeromagnetic and gravity data were analyzed to delineate the subsurface structure of the Yeongdong basin and its related fault movement in the Okcheon fold belt. The aeromagnetic data of the total intensity (KIGAM, 1983) were reduced to the pole and three dimensional inverse modeling, which considers topography of the survey area in the modeling process, were carried out. The apparent susceptibility map obtained by three dimensional magnetic inversion, as well as the observed aeromagnetic anomaly itself, show clearly the gross structural trend of the Yeongdong basin in the direction on between N30˚E and N45˚E. Gravity survey was carried out along the profile, of which the length is about 18.2 km across the basin. Maximum relative Bouguer anomaly is about 7 mgals. Both forward and inverse modeling were also carried out for gravity analysis. The magnetic and gravity results show that the Yeongdong basin is developed by the force which had created the NE-SW trending the magnetic anomalies. The susceptibility contrast around Yeongdong fault is apparent, and the southeastern boundary of the basin is clearly defined. The basement depth of the basin appears to be about 1.1 km beneath the sea level, and the width of the basin is estimated to be 7 km based on the simultaneous analysis of gravity and magnetic profiles. There exists an unconformity between the sedimentary rocks and the gneiss at the southeastern boundary, which is the Yeongdong fault, and granodiorite is intruded at the northwestern boundary of the basin. Our results of gravity and magnetic data analysis support that the Yeongdong basin is a pull-apart basin formed by the left-stepping sinistral strike-slip fault, which formed the Okcheon fold belt.