The invention discloses a miniature PVD coat miller cutter for PCB, and a making method thereof. The miniature PVD coat miller cutter for PCB comprises a substrate and one or more layers of a hard and wear-resistant coat deposited on the substrate through a physical vapor deposition process; the hard and wear-resistant coat is an MeCxNyOz coat, Me is one or more of Al, Cr, Ti, Zr, Si, Hf, Nb, Ni, W, Ta, B, V, Y and Cu, and x+y+z is 1; and the total thickness of the one or more layers of the coat on the substrate is 0.1-10mum. The substrate is made by using a cemented carbide material, a ceramet material, a ceramic material, a cubic boron nitride based material or a high-speed steel material. By improving the structure of the PVD coat in the invention, a processing problem that printed circuit boards are difficult to process is overcome, and a problem that the service life of a common miniature milling cutter is short is prolonged.