A rust fungus was described from Schrebera swietenioides (Oleaceae) collected in India. The fungus possessed densely paraphysate uredinia and subepidermal, crustose telia with irregulary 5-7-layered sessile teliospores. These morphologies are characteristic of Phakopsora, although no Phakopsora species had been reported from the family Oleaceae. The fungus was concluded to be a new species and a name, Phakopsora schreberae, was proposed for the new species.