The 1961–62 Loyola Ramblers men's basketball team represented Loyola University Chicago. The head coach was George Ireland. The Ramblers went 23–4 and earned a third place finish in the National Invitation Tournament (NIT).
Jerry Harkness led the team in scoring with a total of 567 points, making for an average of 21.0 points per game. Les Hunter led in field goal percentage at 49.3%, going 137 for 238 on the season. Vic Rouse led the team in rebounding, making 294 rebounds for a per-game average of 11.3, and in free throw percentage, sinking 85 out of 109 throws for 78.0% on the season. The team averaged 90.2 points per game, the fourth-highest scoring average in Loyola-Chicago history