The required technological quality of the blanked products can be achieved through operations of fine blanking. This allows for obtaining products with improved dimensional accuracy and good quality cut-surface. In order to cut products from soft materials, including aluminium and its alloys, the methods of fine blanking with upsetting and fine blanking with reduced clearance are typically employed. The study presents the results of numerical modelling of the fine blanking process for a disk made of 1-millimetre sheet aluminium EN AW-1070A. The goal of the numerical simulations was to evaluate the effect of clearance between blanking die and the punch, and the impact of V-ring indenter on stress and strain distribution in the shearing zone.