The 14 winners from the First Round and last year's cup finalists, Lovćen and Mladost, compete in this round. Starting with this round, all rounds of the competition will be two-legged except for the final. The first legs were held on 1 October 2014, while the second legs were held on 22 October 2014.[3]
Stadium: Stadion Topolica Attendance: 50 Referee: Vojin Vojinović
Quarter-finals
The eight winners from the Second Round competed in this round. The first legs took place on 5 November 2014 and the second legs took place on 26 November 2014.
The four winners from the quarter-finals competed in this round. The first legs took place on 8 April 2014 and the second legs took place on 22 April 2015.