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| 1st(1st leg) | ACF Fiorentina | - | Újpesti Dózsa SC | 2:0 (1:0) | ||
| 2nd (2nd leg) | Újpesti Dózsa SC | - | ACF Fiorentina | 0:1 (0:0) | ||
| 1st(1st leg): 21/03/1962 | 2nd (2nd leg): 11/04/1962 | Winner: ACF Fiorentina | ||||
| 1st(1st leg) | SC Motor Jena | - | Atlético Madrid | 0:1 (0:0) | ||
| 2nd (2nd leg) | Atlético Madrid | - | SC Motor Jena | 4:0 (2:0) | ||
| 1st(1st leg): 28/03/1962 | 2nd (2nd leg): 11/04/1962 | Winner: Atlético Madrid | ||||
