| Season: | 1995 - 96 |
| Relegated: | 11 teams (9 withdrew) |
| League Topscorer: | 18 - A.Heto (Avanhard Zh.) 15 - Yuriy Hetman (Metalurh M.), A.Kryvoruchko (Oskil) |
| Biggest Home Win: | Khutrovyk - Dynamo 8:0 |
| Biggest Away Win: | Prometei - Chaika 0:11 |
| Highest Scoring: | Prometei - Chaika 0:11 |
| Prevseason: | 1994–95 (Second League) 1994–95 (Third League) |
| Nextseason: | 1996–97 |
The 1995 - 96 Ukrainian Second League is the fifth season of 3rd level professional football in Ukraine. The league was reorganized and, since being split three seasons ago, merged with the lower league tier known as Ukrainian Third League. Most teams of the lower league were promoted, while the Second League was divided into two groups based geographical location of clubs.
The league was merged with Ukrainian Third League bringing the top 16 teams of the 1994–95 league's season along with the newly promoted teams from amateurs.
| Scorer | Goals (Pen.) | Team | |
|---|---|---|---|
| 1 | Andriy Heto | 18 | Avanhard Zhydachiv |
| 2 | Vasyl Fedoriv | 16 | Kalush |
| Andriy Pshenychnykov | 16 | Krystal Kherson | |
| 4 | Petro Pylypeiko | 15 | |
| 5 | Oleh Bychenko | 12 (2) | Obolon Kyiv |
| Anatoliy Lukashenko | 12 (3) | Keramik Baranivka |
| Scorer | Goals (Pen.) | Team | ||
|---|---|---|---|---|
| 1 | Yuriy Hetman | 15 | Metalurh Mariupol | |
| Oleksandr Kryvoruchko | 15 | Oskil Kupiansk | ||
| 3 | Vasyl Herasymchuk | 14 (5) | Chaika Sevastopol | |
| Kostiantyn Pinchuk | 14 (6) | Metalurh Mariupol | ||
| 5 | Vadym Vasiliev | 13 | Metalurh Donetsk |
Play off game was announced as soon as FC Naftokhimik Kremenchuk that competed in the First League decided to withdraw from competitions. The game was scheduled among two runners-up from each of two groups FC Krystal Kherson and FC Metalurh Donetsk.
Metalurh Donetsk won play off game and promoted to the 1996-97 Ukrainian First League.