The invention relates to a method for online monitoring work state of an on-load tap-changer and early warning. The method comprises the following steps: 1. real-time acquiring voltages and current parameters of a branch element of a transition contact of the on-load tap-changer; 2. based on the acquired voltages and current parameters, computing the following parameters: a transition resistance, a transition time, a transition waveform, a three phase synchronization, a contact resistance, an action program; 3. determining the state of a device and communicating with the outside by using a communication module through the on-load tap-changer main body, implementing real-time monitoring whether the on-load tap-changer is working normally so as to send an alarm in time and turn off the device for maintenance, and establishing an early warning mechanism. According to the invention, the method implements online monitoring of OLTC work state, acquires OLTC real-time device parameters, and determines whether OLTC works normally so as to turn off the device for maintenance, prevents occurrence of accidents, and lowers property loss. At the same time, the method conducts analysis and computing on historical data, establishes the early warning mechanism prior to events, and exits an operation state in advance.