The 1961–62 season was the 14th season of competitive football in Israel and the 36th season under the Israeli Football Association, established in 1928, during the British Mandate.

The following promotions and relegations took place at the end of the season:

Hakoah Tel Aviv merged with Maccabi Ramat Gan to form Hakoah Maccabi Ramat Gan.

The merged club took Hakoah Tel Aviv's place in Liga Leumit.

The 1961–62 Israel State Cup started on 12 February 1961, during the previous season, and was carried over the summer break and finished with the replayed final on 7 May 1962, in which Maccabi Haifa defeated Maccabi Tel Aviv 5–2.