|Champions||SC Motor Jena|
|Relegated||Dynamo DresdenSC Aktivist Brieske-Senftenberg|
|European Cup||SC Motor Jena|
|European Cup Winners' Cup||BSG Motor Zwickau|
|Goals scored||541 (2.97 per match)|
|Top goalscorer||Peter Ducke (19)|
The league was contested by fourteen teams. SC Motor Jena won the championship, the club's first-ever national East German championship. The club would go on to win two more, then under the name of FC Carl Zeiss Jena.
Peter Ducke of SC Motor Jena was the league's top scorer with 19 goals. For the first time the title East German Footballer of the year was awarded, going to Manfred Kaiser of SC Wismut Karl-Marx-Stadt.
On the strength of the 1962–63 title Motor Jena qualified for the 1963–64 European Cup where the club was knocked out by Dinamo Bucharest in the preliminary round. Seventh-placed club BSG Motor Zwickau qualified for the 1963–64 European Cup Winners' Cup as the seasons FDGB-Pokal winner and was knocked out by MTK Budapest in the second round after having received a bye in the first round.
|1||SC Motor Jena||26||17||5||4||49||22||+27||39|
|2||SC Empor Rostock||26||13||7||6||42||24||+18||33|
|3||ASK Vorwärts Berlin||26||11||9||6||41||34||+7||31|
|4||SC Wismut Karl-Marx-Stadt||26||10||8||8||43||42||+1||28|
|5||SC Lokomotive Leipzig||26||12||3||11||38||35||+3||27|
|6||SC Chemie Halle||26||9||7||10||38||40||-2||25|
|7||BSG Motor Zwickau||26||10||5||11||38||41||-3||25|
|8||SC Turbine Erfurt||26||10||4||12||45||45||0||24|
|9||SC Rotation Leipzig||26||8||8||10||29||35||-6||24|
|10||SC Dynamo Berlin||26||8||7||11||37||32||+5||23|
|11||SC Aufbau Magdeburg||26||10||3||13||44||46||-2||23|
|14||SC Aktivist Brieske-Senftenberg||26||6||5||15||22||56||-34||17|
|League champion &Qualified for the European Cup||FDGB-Pokal winner & Qualified for the European Cup Winners' Cup||Relegated to DDR-Liga|
- "DDDR » Oberliga » Torschützenkönige" [DDR-Oberliga top scorers]. Weltfussball.de (in German). Retrieved 21 January 2016.
- fuwo, page: 23
- "East Germany - List of Champions". rsssf.com. Retrieved 21 January 2016.
- "DDR-Meister" [East German champions]. dfb.de (in German). German Football Association. Retrieved 21 January 2016.
- fuwo, page: 92
- "European Competitions 1963-64". rsssf.com. Retrieved 21 January 2016.
- "East Germany 1946-1990". rsssf.com. Retrieved 21 January 2016.
- "DDR » Oberliga 1962–63" [DDR-Oberliga 1962–63]. Weltfussball.de (in German). Retrieved 21 January 2016.
- "Das war unser Fußball im Osten" [This was our football in the East]. Fußball-Woche (fuwo) (in German). Berlin: Axel-Springer-Verlag. 1991.