The 1961–62 season of the European Cup Winners' Cup club football tournament was won by Atlético Madrid of Spain in a replayed final against holders Fiorentina.

It was the first season of the tournament to be directly organised by UEFA.

Leicester City won 7–2 on aggregate.

Újpest Dózsa won 15–4 on aggregate.

Atlético Madrid won 5–0 on aggregate.