Founded in 1931 as FK Studenica, the club later became known as FK Bane. They won the 1995–96 Šumadija Zone League with an unbeaten record, earning promotion to the Serbian League Morava. The club spent two seasons in the third tier, finishing as runners-up in 1996–97, before becoming champions in 1997–98 to reach the
Second League of FR Yugoslavia. They placed third in Group West in their
debut season in the second tier, narrowly missing out on promotion to the
First League. The club remained a contender over the next four years, finishing no lower than fourth. They eventually suffered relegation to the
Serbian League West in
2004. ==Honours==