The Present study deals with morphotaxonomy of a new species of Pseudophyllidean Cestode of the genus Ptychobothrium (Loennberg,1889) collected from intestine of freshwater fish, Channa punctata at Mahur, Hadgaon, dist. Nanded (M.S.) during February,2013-January,2015. Ptychobothrium follicularis Sp.Nov. comes closer to all known species of genus Ptychobothrium (Loennberg,1889) in general topography of organs but differs due to Scolex tubular, measures 0.715 x 0.217 mm, Bothria distinctly two lobed, 0.625 x 0.084 mm, neck absent, testes 30-35 in numbers, 0.047 x 0.058 mm and collected from Channa punctata.