We present V and B -band CCD photometry of 35 RR Lyr stars in the southern hemisphere globular cluster NGC 6362 . Fourier decomposition of the light curves was used to estimate the basic properties of these variables . From the analysis of the RRc stars we obtain a mean mass of M = 0.531 \pm 0.014 ~ { } M _ { \odot } , luminosity \log L / L _ { \odot } = 1.656 \pm 0.006 , effective temperature T _ { eff } = 7429 \pm 20 , and helium abundance Y = 0.292 \pm 0.002 . The mean values of the absolute magnitude , metallicity ( on Jurcsik ’ s scale ) and effective temperature for 14 RRab stars with ” regular ” light curves are : M _ { V } = 0.86 \pm 0.01 , { [ Fe / H ] } = -0.93 \pm 0.04 and T _ { eff } = 6555 \pm 25 , respectively . From the B - V colors , periods and metallicities of the RRab stars we estimate the color excess for NGC 6362 to be equal to E ( B - V ) = 0.08 \pm 0.01 . Using this value we derive the colors of the blue and red edges of the instability strip in NGC 6362 to be ( B - V ) ^ { BE } _ { 0 } = 0.17 and ( B - V ) ^ { RE } _ { 0 } = 0.43 . From the relations between the Fourier coefficients of RRab and RRc stars and their absolute magnitudes we estimate the apparent distance modulus to NGC 6362 to be ( m - M ) _ { V } = 14.46 \pm 0.10 . From the mean value of \log L / L _ { \odot } of the RRc stars we obtain 14.59 \pm 0.03 . The V -band light curves of three of the RRc stars exhibit changes in amplitude of over 0.1 mag on the time scale of around one week . Near the radial 1st overtone frequency we find one or two peaks , which strongly suggests that these variables belong to the newly identified group of non-radial pulsating RR Lyr stars .