Based on the experimental results of the ratcheting for SS304 stainless steel, a new visco-plastic cyclic constitutive model was established to describe the uniaxial and multiaxial ratcheting of the material at room and elevated temperatures within the framework of unified visco-plasticity. In the model, the temperature dependence of the ratcheting was emphasized, and the dynamic strain aging occurred in the temperature range of 400-600C for the material was taken into account particularly. Finally, the prediction capability of the developed model was checked by comparing to the corresponding experimental results.