The invention provides a bladeless submersible propulsion system, which includes a main base, a vertical propeller group and a horizontal propeller group. The main base includes a casing, a variable frequency DC permanent magnet motor, a cable interface, a pressurization device, a water inlet pipeline, a water outlet pipeline and other parts; the vertical thruster group is used to provide the bladeless submersible propulsion system The power for floating, the horizontal thruster group is used to provide the power of the bladeless submersible propulsion system to advance, retreat and turn; the outlet pipeline is provided with a solenoid valve for adjusting the size and direction, and then change the thrust of each propeller, so as to realize the motion functions of the bladeless submersible propulsion system such as floating, diving, advancing, retreating, and turning. The invention has the advantages of adapting to harsh underwater environment, strong compatibility, low noise, high safety factor, compact structure, small volume, light weight and the like.