At the end of the season, the Liga Alef (second tier) was reconstructed expanding Liga Leumit, the top division, to 15 clubs and splitting into two regional divisions, each with 14 clubs. This meant that no clubs relegated from Liga Leumit, while 3 clubs promoted from Liga Alef, and 17 clubs promoted from Liga Bet To accommodate the vacant places in the two divisions of Liga Alef.
Domestic leagues
Promotion and relegation
The following promotions and relegations took place at the end of the season:
On 22 January 1963, league champions Hapoel Petah Tikva and cup holders Maccabi Haifa met in a contest for the second Super Cup. The cup, which wasn't sanctioned by the IFA, was donated by Ilanshil-Polio, an Israeli organization dedicated to aid Poliomyelitis victims, with proceedings going towards the organization.[1][2][3] The match ended in 2–2 draw and the cup was shared.[4]