1994–95 Primera B Nacional

The 1994–95 Argentine Primera B Nacional was the ninth season of second division professional of football in Argentina. A total of 22 teams competed; the champion and runner-up were promoted to Argentine Primera División.

Standings
Estudiantes (LP) was declared champion and was automatically promoted to Primera División, and the teams placed 2nd to 8th qualified for the Second Promotion Playoff.

Second Promotion Playoff
The Second Promotion Playoff or Torneo Reducido was played by the teams placed 2nd to 8th in the overall standings: Atlético de Rafaela (2nd), Colón (3rd), Godoy Cruz (4th), San Martín (T) (5th), Gimnasia y Tiro (6th), Quilmes (7th) and All Boys (8th), and the champion of Primera B Metropolitana: Atlanta. The winning team was promoted to Primera División.

Bracket
1: Qualified because of sport advantage.
 * Note: The team in the first line plays at home the second leg.

Finals
Note: Colón won 4–1 on aggregate and promoted to Primera División.

Relegation
Note: Clubs with indirect affiliation with AFA are relegated to their respective league of his province according to the Argentine football league system, while clubs directly affiliated face relegation to Primera B Metropolitana. Clubs with direct affiliation are all from Greater Buenos Aires, with the exception of Newell's, Rosario Central, Central Córdoba and Argentino de Rosario, all from Rosario, and Unión and Colón from Santa Fe.