The 1946-47 Segunda Divisão is the 13rd season of Segunda Divisão ~ Portuguese Second Division season
| Competition: | Segunda Divisão |
| Season: | 1946–47 |
| Winners: | Braga |
| Relegated: | Flaviense Leça Fafe Espinho Académico de Viseu Marialvas Torreense Rossiense Arroios Covilhã Atlético Reguengos |
| Prevseason: | 1945–46 |
| Nextseason: | 1947–48 |
(NO) – Norte
(CE) – Centro
(LI) – Lisboa
(ALE) – Alentejo
(AL) – Algarve