The 1963–64 Yugoslav Second League season was the 18th season of the Second Federal League (), 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 16 clubs each.

West Division

Teams A total of sixteen teams contested the league, including twelve sides from the 1962–63 season, one club relegated from the 1962–63 Yugoslav First League and three sides promoted from the third tier leagues played in the 1962–63 season. The league was contested in a double round robin format, with each club playing every other club twice, for a total of 30 rounds. Two points were awarded for wins and one point for draws.

Sloboda were relegated from the 1962–63 Yugoslav First League after finishing in the 13th place of the league table. The three clubs promoted to the second level were Bosna, Šparta Beli Manastir and NK Zagreb.

Team Location Federal subject Positionin 1962–63Borac Banja LukaBanja Luka01212thBorovoBorovo Naselje0099thBosnaVisokoBSK Slavonski BrodSlavonski Brod01313thČelikZenica0022ndFamos HrasnicaHrasnica01010thIstraPula01111thLokomotiva ZagrebZagreb0088thMariborMaribor0033rdOlimpija LjubljanaLjubljana0066thSlavonija OsijekOsijek0044thSlobodaTuzlaŠibenikŠibenik0077thŠparta Beli ManastirBeli ManastirVarteksVaraždin0055thNK ZagrebZagreb

League table

East Division

Teams A total of sixteen teams contested the league, including twelve sides from the 1962–63 season, one club relegated from the 1962–63 Yugoslav First League and three sides promoted from the third tier leagues played in the 1962–63 season. The league was contested in a double round robin format, with each club playing every other club twice, for a total of 30 rounds. Two points were awarded for wins and one point for draws.

Budućnost were relegated from the 1962–63 Yugoslav First League after finishing in the 14th place of the league table. The three clubs promoted to the second level were Bor, Pobeda and Radnički Sombor.

Team Location Federal subject Positionin 1962–63BačkaBačka Palanka SAP Vojvodina0066thBorBorBorac ČačakČačak01010thBudućnostTitogradJedinstvo ZemunZemun01111thOFK SuboticaSubotica SAP Vojvodina0077thPobedaPrilepPrishtinaPristina SAP Kosovo0055thProleter ZrenjaninZrenjanin SAP Vojvodina0099thRadnički BelgradeBelgrade0022ndRadnički SomborSombor SAP VojvodinaSpartak SuboticaSubotica SAP Vojvodina0088thSremSremska Mitrovica SAP Vojvodina01313thSutjeskaNikšić0044thTrepčaKosovska Mitrovica SAP Kosovo0033rdŽelezničar NišNiš01212th

League table

See also 1963–64 Yugoslav First League 1963–64 Yugoslav Cup