The club was founded in 1965 under the name of OKK Svetozarevo, but they failed to complete the first competitive season due to financial problems.

[1] The first major success of the club was the entry into the First B Federal League of Yugoslavia in the early 1980s (1981–82 season).

[2] In their debut season in first-tier league, Jagodina took the last place and dropped in the lower ranking.

Same as the first time, Jagodina dropped out from the first league in the end of the season.

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