This paper presents an effective method to control the DC link voltage balance in diode clamped Multilevel Inverter. To trigger the gate pulse for the switches, Level Shifted PWM technique is used. Two closed PI controllers are used for balancing the DC voltage control and load voltage control and also used for analyzing the performance parameters and their responses are displayed in the table. The simulation is made in Matlab/Simulink and their harmonic distortions are analyzed through the Fast Fourier transforms window and the end results are tabulated. The computer simulation results show the effectiveness of this method. © 2015 IEEE.