PURPOSE: To provide the title bonded magnet having plating film and manufacturing method thereof in simple procedures having excellent corrosion resistance as well as dimentional precision and beautiful appearance and formable into any complicated shape.

CONSTITUTION: The title bonding magnet mainly comprising a magnetic particle body 1 and a binder represented by R-T-B (where R represents Nd or a part thereof substituted with a rare earth element, T represents Fe or a part thereof substituted with a transition element is painted with a mixture of resin 4 and conductive materials 5 so as to form a conductive film layer B on the bonding magnet base material A surface and then the surface of the conductive film layer B is smoothed to electroplate the surface of the smoothed conductive film layer B.