The aim of this study is to verify the effectiveness of ordinary phenomenological constitutive relation of NiTi shape memory alloy under mechanical loading at a constant temperature, sufficiently. First, finite element analysis is performed by using ordinary phenomenological constitutive relation for rectangular plate with double notch under tensile loading at a constant temperature. Next, uniaxial tensile loading is carried out for 50.5Ni49.5Ti rectangular plate with double notch. At the same time, macroscopic stress-strain curve and local strain distribution are measured by using in-house measurement system on the basis of digital image correlation. As a result, it is found that the stress-strain curve obtained from finite element analysis is much different from those obtained experimental measurement, especially during stress-induced martensite transformation. The result can be derived from the phenomena of local strain band behavior arising in NiTi under mechanical loading. The phenomenological constitutive model used in present finite element analysis is constructed under assumptions that the material has isotropic characteristics and shows homogeneous deformation. However, this experimental result suggests that the material itself has anisotropy microscopically. Furthermore, material shows unique inhomogeneous deformation. Also, there is possibility that these anisotropic characteristic and inhomogeneous deformation behaviour may derive from its microstructure. In future, to sufficiently describe the macroscopic stress-strain curve of NiTi we should take into consideration the material microstructure.