The 1961–62 season was Sport Lisboa e Benfica's 58th season in existence and the club's 28th consecutive season in the top flight of Portuguese football, covering the period from 1 August 1961 to 31 July 1962. Benfica competed domestically in the Primeira Divisão and , and participated in the European Cup after winning the competition in the previous season. As the reigning European Cup holders, they represented the continent in the Intercontinental Cup.