| # | Team | MP | W | D | L | G | GD | Pts | Form |
|---|---|---|---|---|---|---|---|---|---|
| 1. | Crvena zvezda | 20 | 15 | 4 | 1 | 37:14 | 23 | 49 | |
| 2. | Partizan | 20 | 14 | 4 | 2 | 48:16 | 32 | 46 | |
| 3. | FK Obilic | 20 | 11 | 3 | 6 | 30:22 | 8 | 36 | |
| 4. | Cukaricki | 20 | 7 | 4 | 9 | 18:25 | -7 | 25 | |
| 5. | Rad Beograd | 20 | 5 | 5 | 10 | 23:29 | -6 | 20 | |
| 6. | OFK Beograd | 20 | 4 | 5 | 11 | 26:40 | -14 | 17 | |
| 7. | Zemun | 20 | 4 | 4 | 12 | 22:36 | -14 | 16 | |
| 8. | Radnicki 1923 | 20 | 4 | 4 | 12 | 12:30 | -18 | 16 | |
| 9. | Hajduk Kula | 20 | 4 | 3 | 13 | 12:27 | -15 | 15 | |
| 10. | Sutjeska | 20 | 3 | 6 | 11 | 17:33 | -16 | 15 | |
| 11. | Smederevo | 20 | 3 | 5 | 12 | 9:26 | -17 | 14 | |
| 12. | Milicionar Beograd | 20 | 3 | 4 | 13 | 22:35 | -13 | 13 | |
| 13. | Vojvodina | 20 | 3 | 4 | 13 | 12:32 | -20 | 13 | |
| 14. | Proleter Zrenjanin | 20 | 3 | 4 | 13 | 15:36 | -21 | 13 | |
| 15. | FK Zeleznik | 20 | 1 | 7 | 12 | 11:23 | -12 | 10 | |
| 16. | Buducnost | 20 | 2 | 4 | 14 | 14:31 | -17 | 10 | |
| 17. | Mogren | 20 | 2 | 1 | 17 | 9:47 | -38 | 7 | |
| 18. | Radnicki Nis | 20 | 1 | 3 | 16 | 9:34 | -25 | 6 | |
| 19. | Hajduk Beograd | 20 | 2 | 0 | 18 | 19:50 | -31 | 6 | |
| 20. | Borac 1926 | 20 | 1 | 3 | 16 | 19:65 | -46 | 6 | |
| 21. | Sp. Subotica | 20 | 0 | 1 | 19 | 8:54 | -46 | 1 |