The 1967–68 Yugoslav Second League season was the 22nd 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.
A total of eighteen teams contested the league, including fourteen sides from the 1966–67 season, one club relegated from the 1966–67 Yugoslav First League and three sides promoted from the third tier leagues played in the 1966–67 season.
The three clubs promoted to the second level were Belišće, Rudar Ljubija and RNK Split.
A total of eighteen teams contested the league, including fourteen sides from the 1966–67 season, one club relegated from the 1966–67 Yugoslav First League and three sides promoted from the third tier leagues played in the 1966–67 season.
The three clubs promoted to the second level were Bregalnica Štip, Sloga Kraljevo and Srem.