The present invention relates to the technical field of lubricating grease industry, especially to a vehicle brake branch pump guide pin lubricating grease and a preparation process thereof. The vehicle brake branch pump guide pin lubricating grease comprises, by weight, 50-70% of a base oil, 25-50% of a thickener, 0.5-3% of an antioxidant, 0.1-1% of an anti-corrosion agent, 1-5% of an extreme pressure anti-wear agent, and 0.3-1% of an anti-rust agent. The technical scheme of the present invention comprises the following steps: a, sequentially pouring base oil, antioxidant, an anti-corrosion agent, an extreme pressure anti-wear agent and an anti-rust agent into a reaction kettle to carry out stirring heating, and carrying out homogenization degassing to obtain the finished product. Compared with the vehicle brake branch pump guide pin lubricating grease in the prior art, the vehicle brake branch pump guide pin lubricating grease of the present invention has advantages of good water resistance, extremely low friction coefficient, effective noise reducing, good lubricity, good protection property, good thermal stability, high and low temperature property, colloidal stability, anti-oxidation, anti-corrosion stability and tightness.