The embodiment of the invention discloses a method for processing a crankshaft of a multiaxial warp knitting machine. The crankshaft comprises a spindle diameter and a connecting rod diameter. The connecting rod diameter is connected with the spindle diameter. The method comprises the following steps of: step A: processing a raw material through the steps of drilling a first center hole, roughly turning, hardening and tempering, and fine turning an outer diameter to obtain a polished shaft; step B: respectively drilling a second center hole of the crankshaft and a third center hole of the connecting rod diameter at the opposite positions at both ends of the polished shaft, drilling a process positioning hole at the position at a distance of 20mm from the first center hole, carrying out fine turning on the spindle diameter and the connecting rod diameter according to the process positioning hole, the second center hole and the third center hole, and carrying out milling and rough grinding to obtain a semi-finished product; and step C: carrying out high-frequency quenching on the semi-finished product, drilling and reaming pin holes at both ends of the semi-finished product and carrying out fine grinding processing to obtain a finished product. In the embodiment of the invention, when the outer diameter, the spindle diameter and the connecting rod diameter are subjected to fine turning, positioning is carried out through the process positioning hole and the respective center holes, so that when the outer diameter, the spindle diameter and the connecting rod diameter are processed, the requirement on a tolerance of the eccentricity of the connecting rod diameter and the spindle diameter of the crankshaft can be guaranteed.