| Competition: | NSL First Division |
| Season: | 1992 |
| Winners: | Kaizer Chiefs |
| Matches: | 484 |
| Total Goals: | 1054 |
| League Topscorer: | (20 goals) George Deamaley Mark Williams |
| Relegated: | Crusaders United Vaal Reef Stars Manning Rangers Dangerous Darkies |
| Biggest Home Win: | Hellenic 6-0 Crusaders Jomo Cosmos 6-0 Umtata Bush Bucks |
| Highest Scoring: | 6-0 |
| Longest Wins: | 9 |
| Longest Unbeaten: | 14 |
| Longest Winless: | 7 |
| Longest Losses: | 8 |
| Prevseason: | 1991 |
| Nextseason: | 1993 |
The 1992 National Soccer League First Division was the eighth edition of the NSL First Division in South Africa. It was won by Kaizer Chiefs.