In this paper, the inelastic material models for Type 316H stainless steel, which is one of the principal candidate materials for elevated temperature design of the advanced high temperature reactors (HTRs) pressure retained components, are investigated and the required material parameters are identified to be used for both elasto-plastic models and unified viscoplastic models. In the constitutive equations of the inelastic material models, the kinematic hardening behavior is expressed with the Chaboche model with three backstresses, and the isotropic hardening behavior is expressed by the Voce model. The required number of material parameters is minimized to be ten in total. For the unified viscoplastic model, which can express both the time-independent plastic behavior and the time-dependent viscous behavior, the constitutive equations have the same kinematic and isotropic hardening parameters of the elasto-plastic material model with two additional viscous parameters. To identify the material parameters required for these constitutive equations, various uniaxial tests were carried out at isothermal conditions at room temperature and an elevated temperature range of 425−650 °C. The identified inelastic material parameters were validated through the comparison between tests and calculations.