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Best Mobile Phones Under 40000 (May 2024)

Many brands are now offering smartphones with premium experience under the sub - 40K price segment. If you are looking to have a flagship experience, you no need to drop a significant chunk of money (i.e., exceeding Rs 1 lakh). Many of the leading brands like Samsung, Xiaomi, OnePlus, Honor, Motorola, Huawei, Realme, Nokia, Oppo, Vivo, LG, and Sony offer many models under Rs 40,000. These smartphones feature premium design, high-refresh-rate(up to 144Hz) AMOLED display, powerful chipsets from Qualcomm Snapdragon, MediaTek, and HiSilicon Kirin, and faster-charging speeds, offering a flagship-grade experience. Some of the models also include support for 5G network connectivity, higher RAM configurations of up to 12GB, and large battery capacities exceeding 6000 mAh with faster-charging capabilities. The list also includes phones that ace in gaming and photography with features like liquid cooling, optical zoom, etc. Without any further ado, let's dive into the wide array of products, present on the website, and you would surely fall in love with them! The price list of best mobiles under Rs 40,000 at MySmartPrice is updated quite often so you can find all the latest releases. We have also provided you with the comparison table to match the specs and check what it brings to the table. The mobiles in the list also include expert scores that further assist you in making the right purchase decisions. You can then order your desired product online from the store that offers the lowest price.
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  • 8.4
    Expert Score

    OnePlus 12R

    4.5
    • Snapdragon 8 Gen 2 Octa core
    • 50+8+2 MP Rear Camera
    • 16 MP Front Camera
    • 6.78″ (17.22 cm) 120Hz AMOLED Display
    • 8 GB RAM | 128 GB Storage
    • 5500 mAh | 100W Fast Charging
    • Android v14 OS
    • 5G | NFC | Fingerprint Sensor
    MSP Reviewed Stamp

    The OnePlus 12R strikes a compelling balance between power, style, and reliable battery life. It offers flagship-level performance with a powerful Snapdragon 8 Gen 2 processor and a smooth user experience. Its sleek design makes it visually appealing...

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  • 8.2
    Expert Score

    Samsung Galaxy A55 5G

    4.0
    • Samsung Exynos 1480 Octa core
    • 50+12+5 MP Rear Camera
    • 32 MP Front Camera
    • 6.6″ (16.76 cm) 120Hz Super AMOLED Display
    • 8 GB RAM | 128 GB Storage
    • 5000 mAh | 25W Fast Charging
    • Android v14 OS
    • 5G | NFC | Fingerprint Sensor
    MSP Reviewed Stamp

    The Galaxy A55 is a solid mid-range phone with a minimal design, good display quality, and a reliable Exynos chipset. The phone mostly impresses but isn't a major upgrade over the Galaxy A54. So, if you are still using that phone, no need to upgrade....

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  • 8.4
    Expert Score

    Nothing Phone 2

    4.4
    • Snapdragon 8 Plus Gen 1 Octa core
    • 50+50 MP Rear Camera
    • 32 MP Front Camera
    • 6.7″ (17.02 cm) 120Hz OLED Display
    • 8 GB RAM | 128 GB Storage
    • 4700 mAh | 45W Fast Charging
    • Android v13 OS
    • 5G | NFC | Fingerprint Sensor
    MSP Reviewed Stamp

    Nothing's yearly refresh, the Nothing Phone (2), is here with a ton of hype, but should you buy it at its Rs 44,999 price tag or wait it out? Find out in our review. ...

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  • 8.3
    Expert Score

    Google Pixel 7A

    4.1
    • Google Tensor G2 Octa core
    • 64+13 MP Rear Camera
    • 13 MP Front Camera
    • 6.1″ (15.49 cm) 90Hz OLED Display
    • 8 GB RAM | 128 GB Storage
    • 4385 mAh | 18W Fast Charging
    • Android v13 OS
    • 5G | NFC | Fingerprint Sensor
    MSP Reviewed Stamp

    The Pixel 7a is the most practical Pixel to date, offering the best combination of specifications, experience and cameras. But, it's still a bit underpowered compared to the competition and it charges extremely slowly....

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  • 7.7
    Expert Score

    OPPO Reno8 5G

    4.3
    • MediaTek Dimensity 1300 Octa core
    • 50+8+2 MP Rear Camera
    • 32 MP Front Camera
    • 6.4″ (16.26 cm) 90Hz AMOLED Display
    • 8 GB RAM | 128 GB Storage
    • 4500 mAh | 80W Fast Charging
    • Android v12 OS
    • 5G | NFC | Fingerprint Sensor
    MSP Reviewed Stamp

    Overall, if you do not mind the bloatware and are looking for a device that can perform well, charge fast and take good photos with its selfie camera, go with the OPPO Reno 8 5G....

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  • 7.7
    Expert Score

    OPPO Reno8 Pro 5G

    4.4
    • MediaTek Dimensity 8100 Max Octa core
    • 50+8+2 MP Rear Camera
    • 32 MP Front Camera
    • 6.7″ (17.02 cm) 120Hz AMOLED Display
    • 12 GB RAM | 256 GB Storage
    • 4500 mAh | 80W Fast Charging
    • Android v12 OS
    • 5G | NFC | Fingerprint Sensor
    MSP Reviewed Stamp

    The Reno8 Pro performs decently but has a more impressive battery life and charging chops, although we wish the cameras could live up to the hype....

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  • 8.5
    Expert Score

    OnePlus 10 Pro

    4.2
    • Snapdragon 8 Gen 1 Octa core
    • 48+50+8 MP Rear Camera
    • 32 MP Front Camera
    • 6.7″ (17.02 cm) 120Hz Fluid AMOLED Display
    • 8 GB RAM | 128 GB Storage
    • 5000 mAh | 80W Fast Charging
    • Android v12 OS
    • 5G | NFC | Fingerprint Sensor
  • 8.3
    Expert Score

    iQOO Neo 9 Pro

    4.3
    • Snapdragon 8 Gen 2 Octa core
    • 50+8+50 MP Rear Camera
    • 16 MP Front Camera
    • 6.78″ (17.22 cm) 144Hz AMOLED Display
    • 8 GB RAM | 256 GB Storage
    • 5160 mAh | 120W Fast Charging
    • Android v14 OS
    • 5G | Fingerprint Sensor
    MSP Reviewed Stamp

    The iQOO Neo 9 Pro is a perfect phone for people looking for a gaming device in this price segment. The Snapdragon 8 Gen 2 is a tried and tested chipset amongst performance-focused smartphones. This chipset and reasonable control over thermals make t...

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  • OPPO Reno11 Pro

    4.3
    • MediaTek Dimensity 8200 Octa core
    • 50+8+32 MP Rear Camera
    • 32 MP Front Camera
    • 6.7″ (17.02 cm) 120Hz AMOLED Display
    • 12 GB RAM | 256 GB Storage
    • 4600 mAh | 80W Fast Charging
    • Android v14 OS
    • 5G | NFC | Fingerprint Sensor

List of Mobile Phones under 40000

Mobile Phones Price
OnePlus 12R Rs. 36,310
Samsung Galaxy A55 5G Rs. 39,980
Nothing Phone 2 Rs. 39,999
Google Pixel 7A Rs. 36,999
OPPO Reno8 5G Rs. 38,999
OPPO Reno8 Pro 5G Rs. 36,899
OnePlus 10 Pro Rs. 39,899
iQOO Neo 9 Pro Rs. 36,999
OPPO Reno11 Pro Rs. 37,480
Notes / Disclaimer
  • Prices mentioned above are the best (least) price available for each item across all stores. To get prices across all stores please select (click) a given Mobile.
  • Prices may vary from store to store and from place to place based on different tax rates.
  • Prices shown above are with bill and warranty.
  • In case of any issues or discrepancy please contact us.
  • This page was last updated on 17th May, 2024.