Context. We present the second release of the MEGARA spectral library, MEGASTAR, which now includes all spectra collected during ten observing semesters at the Gran Telescopio CANARIAS. This new release supersedes our first release and incorporates a substantial number of additional observations (2000 new spectra), obtained at high spectral resolution full width half maximum R(FWHM)~20 000, in two wavelength ranges centred on Hα (6420--6790 Å) and on the Ca II triplet (8370--8885 Å). Aims. The aim of this paper is to introduce MEGASTAR DR2 to the community as its high-resolution spectra can serve as a valuable resource for numerous types of research. In particular, we will use MEGASTAR spectra to construct simple stellar population blocks within the HR-PyPopStar evolutionary synthesis models. Methods. The stars were observed using the integral field spectroscopy mode of the instrument. We processed the data in a uniform way with the MEGARA data reduction pipeline. We estimated the stellar flux by adding the spectra from 37 spaxels, centred on the spaxel with the highest flux in the integral field unit reconstructed image. This approach guarantees that the effective slit width, and therefore the spectral resolution, are the same for all spectra. Results. The second MEGASTAR release consists of 2838 spectra corresponding to 1408 stars, providing a better coverage of the stellar parameter space than the first release. The spectra were acquired with an average continuum S/N of about 215. Conclusions. This second release meets the standards of a modern empirical library: it offers reliable calibrations, data free from slit effects, observations of a large number of stars, and provides high spectral resolution to model both individual stellar clusters and entire galaxies observed with MEGARA.