The 1961–62 Yugoslav Second League season was the 16th season of the Second Federal League (Serbo-Croatian: Druga savezna liga), the second level association football competition of SFR Yugoslavia, since its establishment in 1946. The league was contested in two regional groups (West Division and East Division), with 12 clubs each.
West Division
Teams
A total of twelve teams contested the league, including nine sides from the 1960–61 season, one club relegated from the 1960–61 Yugoslav First League and two sides promoted from the third tier leagues played in the 1960–61 season. The league was contested in a double round robin format, with each club playing every other club twice, for a total of 22 rounds. Two points were awarded for wins and one point for draws.
RNK Split were relegated from the 1960–61 Yugoslav First League after finishing in the 11th place of the league table. The two clubs promoted to the second level were Borovo and Maribor.
Source: fsgzrenjanin.com Rules for classification: 1) points; 2) goal difference; 3) number of goals scored. (C) Champions; (O) Play-off winners; (P) Promoted
East Division
Teams
A total of twelve teams contested the league, including nine sides from the 1960–61 season, one club relegated from the 1960–61 Yugoslav First League and two sides promoted from the third tier leagues played in the 1960–61 season. The league was contested in a double round robin format, with each club playing every other club twice, for a total of 22 rounds. Two points were awarded for wins and one point for draws.
Radnički Belgrade were relegated from the 1960–61 Yugoslav First League after finishing in the 12th place of the league table. The two clubs promoted to the second level were Prishtina and Proleter Zrenjanin.