This paper presents a balanced soft-chopping circuit and a modified PI controller for a high speed 4/2 Switched Reluctance Motor (SRM) with a 16 pulse per revolution encoder. The proposed balanced soft-chopping circuit can supply double the switching frequency in the fixed switching frequency of power devices to reduce current ripple. The modified PI controller uses maximum voltage, back-emf voltage and PI control modes to overcome the over-shoot current due to the time delay effect of current sensing. The maximum voltage mode can supply a fast excitation current with consideration of the hardware time delay. Then the back-emf voltage mode can suppress the current over-shoot with consideration of the feedback signal delay. Finally, the PI control mode can adjust the phase current to a desired value with a fast switching frequency due to the proposed balanced soft-chopping technology.