The invention provides a multifunctional universal operation handle, belongs to the related fields of electrical power generation, power transformation or power distribution, is a tool for power equipment, and particularly relates to a multifunctional operation handle for a power distribution station, a box type substation and a loop network unit for power supply or power distribution. The multifunctional universal operation handle comprises a detachable head, a connector, an adapter, an operation handle and a key hole, wherein an internal hexagonal connecting hole is formed in one end of the adapter, and the adapter is sheathed on the operation handle through the internal hexagonal connecting hole, and is connected with the operation handle; an outer hexagonal head is arranged at the other end of the adapter; an outer hexagonal head is arranged at one end of the detachable head, and the outer hexagonal head at the adapter is connected with the outer hexagonal head at the detachment head through the connector; an outer hexagonal head is arranged at the initial end of the operation handle, and the outer hexagonal head at the operation handle is connected with the detachable head through the connector; a key containing cavity is arranged in the tail end of the operation handle, a key container is arranged in the key containing cavity, and a key is contained into the key container, so as to realize the integral management of the key.