Palladium nanoparticles are receiving important interest due to its application as catalyst. In this work Pd nanoparticles have been obtained by ablating a Pd target submerged in de-ionized using both, pulsed as well as continuous wave (CW) laser. The influence of laser parameters involved in the formation in nanoparticles has been studied. Crystalline phases, morphology and optical properties of the obtained colloidal nanoparticles were characterized by means of transmission electron microscopy (TEM), high resolution transmission electron microscopy (HRTEM) and UV/vis absorption spectroscopy. The obtained colloidal suspensions consisted of pure Pd nanoparticles showing spherical shape with diameters ranging from few nanometers to 5-60 nm. The moderate irradiance delivered by the CW laser favours high production of uniform nanoparticles. (C) 2014 Elsevier B.V. All rights reserved.