As the steel plates used for automobile safety the TRIP-assisted multiphase steels are being introduced to automobile industry with respect to their remarkable mechanical properties for the combination of high strength and large elongation. This multiphase structure is generated by two stage heat treatment (intercritical annealing & isothermal treatment) The metastable retained austenite can be transformed to martensite when plastically deformed which results in TRIP effect. Actually the microstructure of TRIP-assisted steels consist of a fine dispersite. There present discussion deals with bainite reaction kinetics of austenite in the process o f two stage heat treatment. In relation to bainite transformation the characteristics of bainite reaction is found to be influenced by the bainite tempering temperature and also by the relative rate in which carbides precipitate within residual austenite.