A position sensorless step-wise freewheeling control method for a switched reluctance motor having dual switched-mode power converters for each phase doesn't require any additional external hardware, any rotor-position sensor, or storage of flux linkage data of the motor. After the upper and lower tubes of the main switch are switched off, and the phase of the switched reluctance motor enters into a negative voltage forced freewheeling state, the phase current is detected. When the phase current falls to a preset threshold, one of the upper or lower tubes is switched on and the phase enters into a zero voltage natural freewheeling state. When the phase current reaches a peak value, the rotor position becomes the start position of the minimum phase inductance and the rotor position is used as the switch-on position of the main switch. The upper and lower tubes are then switched on.