The invention provides a multifunctional transformer mounting rack. The multifunctional transformer mounting rack comprises hoop plates, a support plate, horizontal limit bars, longitudinal limit bars, support bases, vertical limit bars and propping rods, wherein one end of each hoop plate is fixed on a utility pole, the support plate is arranged on the upper sides of extending ends of the hoop plates, the horizontal limit bars and the longitudinal limit bars are arranged on the surface of the support plate, the upper surfaces of the support bases are matched with a base of a transformer, each support base comprises two side walls and one bottom wall, a concave part is arranged at the bottom of the bottom wall and matched with the width of each longitudinal limit bar, the vertical limit bars are arranged on two sides of the support plate, the multiple uniformly distributed propping rods are arranged on the surface of each vertical limit bar, and tail ends of the propping rods are propped against the corresponding utility pole. The multifunctional transformer mounting rack is simple in structure and convenient to use, the rack body is designed in a U shape, fixing grooves are formed in lower ends of the bottom walls, so that a transformer is fixed and mounted conveniently, with adoption of opposite iron core through holes formed in the vertical walls, iron cores are conveniently dismounted, mounting is stable, and low probability of shaking is realized.