The utility model discloses a traditional Chinese medicine hemostatic elastic bandage. The traditional Chinese medicine hemostatic elastic bandage comprises an elastic bandage body, wherein a hemostatic gauze pocket is arranged at one end of the front face of the elastic bandage body, a flat dressing bag is arranged inside the hemostatic gauze pocket, the flat dressing bag is filled with traditional Chinese medicine hemostatic powders, a bonding hook band is arranged at the other end of the front face of the elastic bandage body, a bonding woolen band is arranged at the back face of the elastic bandage body, the bonding hook band and the bonding woolen band are buckled together when used so that the elastic bandage body is bonded into an elastic hemostasis annular ring hooped outside a limb of the wounded, and the hemostatic gauze pocket and the flat dressing bag inside the hemostatic gauze pocket are directed at the injury position of a vessel of the wounded. Rapid hemostasis is achieved through combined action of the hemostatic gauze pocket and the traditional Chinese medicine hemostatic powders. The traditional Chinese medicine hemostatic elastic bandage is reasonable in design, low in manufacturing cost, convenient and rapid to use and good in hemostasis effects, relieves pain of the wounded, and can serve as both permanently allocated first-aid equipment in the army and a civil product.