In this paper, a triple current slope difference threshold based low-speed sensorless scheme for low-cost SRM drives is proposed. Firstly, slope based methods, including the current slope difference method, are proposed and the advantages in terms of anti-interference ability over traditional instantaneous value based methods have been clarified. Secondly, the traditional single/double threshold methods and corresponding outgoing/incoming phase injection types are introduced and comprehensively compared. The limitations of conventional methods while adopted in low-cost SRM drives are stated. Accordingly, to solve the problem that the current cannot be obtained during the demagnetization stage in the resistor-based current sampling scheme, the triple current slope difference threshold method is proposed, whose 3 <sup xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink">rd</sup> threshold indicates the zero-current position. Thirdly, a general threshold value determination method considering the three-phase unbalanced inductances is proposed, which only requires the unsaturated inductance vs. rotor position characteristics that is very easy to be obtained. The proposed method only needs to store six threshold values in the microprocessor and needs no complex calculations and additional hardware, which can be realized in low-cost drive systems. Finally, the experiments of both the steady-state and starting transient-state under over-load conditions are implemented to verify the feasibility and accuracy of the proposed method.