The invention relates to a multifunctional balloon dilatation catheter. The multifunctional balloon dilatation catheter comprises an inner catheter body, an outer catheter and a dilatation balloon, wherein a wire guide channel is formed in the inner catheter body, the outer catheter body and the inner catheter body are coaxially arranged, and the dilatation balloon is fixed to the outer catheter body. The multifunctional balloon dilatation catheter further comprises plugging balloons fixed to the outer catheter body, the plugging balloons and the dilatation balloon are arranged at intervals, a low-pressure transmitting channel, a high-pressure transmitting channel and a sucking channel are formed between the outer catheter body and the inner catheter body in the radial direction, and the outlet ends of the low-pressure transmitting channel, the high-pressure transmitting channel, the sucking channel and the wire guide channel are provided with Ruhr connectors respectively. By means of the multifunctional balloon dilatation catheter, small plaque falling from a lesion site is trapped in closed space formed by the plugging balloons, the dilatation balloon and the blood vessel wall and pumped away in time while balloon dilatation is carried out in a PCI operation; in the operation process, balloon dilatation and thrombus aspiration are completed at a time under the condition that devices are not needed to be replaced, the number of times of medical instrument exchange in the body of a patient is decreased, and therefore complications caused by blood injures of the patient are reduced.