The flagship phones are getting expensive every passing year, and the price segment ranging between Rs 30,000 to Rs 40,000 is now being referred to as mid-range. This is not a very aggressive price segment in India, but there are still quite exciting options available.

If you have a budget of under 40k, you can still expect premium design, best in class performance, a decent camera, and a flagship-grade experience. We have curated the list of best smartphones under Rs. 40,000 which you can consider in 2020.

Best Phones under Rs 40,000 to buy in India

1. OnePlus 7T

OnePlus 7T (review) is one of the most popular phones in this segment and has been tailor-made for the Indian market. Compared to 7, the 7T has a bigger AMOLED display with 90Hz refresh rate and is powered by the Snapdragon 855 Plus octa-core chipset.

The handset comes with triple rear cameras, has stereo speakers, UFS 3.0 storage and 3800mAh battery with faster warp charging.


  • Excellent performance
  • Gorgeous display
  • Elegant looks
  • Extremely fast charging
  • Audio output


  • Notch appears dated
  • No audio jack
  • No expandable storage

2. Asus ROG Phone II

Asus wants its ROG Phone II (review) to be an option for both – mainstream phone buyers and gaming enthusiasts. Which is why the pricing of the second-generation ROG phone is really aggressive. Its first 120Hz refesh-rate screen phone in India.

Asus ROG Phone 2 announced

The handset is powered by Snapdragon 855 Plus octa-core chipset paired with up to 12GB RAM and up to 256GB storage, houses a beefy 6000mAh battery, has stunningly loud stereo speakers, a refined software, and a plethora of gaming features. Asus also retails a number of useful modular accessories that can be used to further enhance the gaming experience.


  • Distinct design
  • Excellent hardware
  • Notch-free display
  • Amazing stereo speakers
  • Refined software
  • 120Hz AMOLED display
  • Long-lasting battery


  • Big and heavy




3. OnePlus 7

OnePlus 7 (Review) looks similar to the OnePlus 6T on the outside but has significant upgrades on the inside. It is one of the most affordable phones to be powered by Snapdragon 855, and the octa-core chipset is paired with UFS 3.0 storage and ample RAM.

Owing to the excellent value it offers for its price, the OnePlus 7 pro should be a defacto choice for people looking for a competent phone in this price slab.


  • AMOLED screen
  • Reasonable camera
  • Great  software
  • Excellent performance
  • Fast charging


  • No microSD card slot
  • No Audio Jack

4. Black Shark 2

Black Shark 2 (review) is a phone essentially meant for gamers. The handset is powered by Snapdragon 855 octa-core chipset and the base variant that costs less than Rs 40,000 offers 6GB RAM and 128GB storage.

The phone offers a continuous notch-free screen with 240Hz touch refresh and has several optimizations to enhance real-time gaming. The Joy UI running on the phone is extremely close to the stock Android interface.


  • Excellent performance
  • Sturdy build
  • Tasteful software
  • great battery mileage and fast charging


  • No audio jack
  • Modest cameras


5. Asus 6Z (Zenfone 6)

Asus 6Z (Review) is another Snapdragon 855 powered handset that offers a premium experience and top-shelf hardware, without digging a big hole in your pocket.

This one also has a swanky flip rear camera that enables Asus to use a full notch-less screen. The Zenfone 6 houses a massive 5000mAh battery, retains Audio Jack, has stereo speakers and runs the new Zen UI that is closer to stock than ever before. The handset has already been presented globally and will be available in India soon.

6. Redmi K20 Pro (8GB, 256GB)

The top model of Xiaomi Redmi K20 Pro (review) with 8GB RAM and 256GB storage costs just 30,999 INR, which makes it a sweet deal.

Redmi K20 Pro FAQs

The Redmi K20 Pro is powered by class-leading Snapdragon 855 octa-core chipset, has a notch-free AMOLED display, an in-display fingerprint sensor, and a 48MP Sony IMX586 sensor-led triple camera system.


  • Performance
  • Design and build
  • Battery mileage
  • Retains 3.5mm audio jack


  • Average haptic motor
  • No IR blaster
  • No OIS

7. Honor 20

Honor 20 (review) is one of the rare few compact and light phones in this segment. It has a flashy design with a punch-hole display upfront. Under the hood, it employs the might of 7nm Kirin 980 chipset, the current best from Huawei. Within the device, it also carries a 6/8GB RAM plus 128/256GB internal storage.

As for cameras, it boasts a 48 MP sensor with autofocus (f/1.8 aperture), 16MP wide-angle camera, and a 2MP sensor with a macro lens. On the front, there’s a 32MP selfie camera for selfies.


  • Reliable performance
  • Handy design
  • Good battery mileage
  • Good primary camera


  • Bloatware in Magic UI
  • Missing OIS and EIS

8. Pixel 3a and Pixel 3a XL

Google launched a few relatively-affordable Pixel phones this year and both of these are now available for under Rs. 40,000. The Pixel 3a phones are unique and unconventional, but they do have the best cameras in their class.

Pixel 3a and 3a XL

The Pixel 3a is a compact phone that shall grant priority access to everything Google, including Android and security updates, and it also retains an Audio jack. The hardware isn’t alluring at all for the price in India, but the experience trumps the specs on paper. But yes, this one isn’t for most people, particularly gamers.

You may also consider the Pixel 3A XL that has a slightly bigger screen and a tad bigger battery.


  • Neat software with promised updates
  • Compact and handy
  • Excellent cameras
  • Retains audio jack
  • Stereo Speakers


  • Not for gamers
  • Modest battery capacity
  • Lack of proper service infrastructure

9. Oppo Reno2

The beautiful design of the Oppo Reno 2 is what makes it stand out. It doesn’t offer the best specs or the best camera performance in its class, but if you only prefer buying from offline stores, the Reno 2 is an option worth considering.

The handset is powered by Snapdragon 730G octa-core chipset paired with up to 8GB RAM and 256GB storage. Other highlights include a shark-fin pop-up, an immersive 6.5-inch AMOLED display, 4000mAh battery, and VOOC fast charging.



  • Excellent design
  • Immersive notch-free screen
  • Ample RAM and Storage
  • Reliable in-display fingerprint sensor
  • Fast charging


  • Underwhelming camera
  • Software needs refinement


10. Nubia Red Magic 3

The Nubia Red Magic 3 is a feature-packed gaming phone that’s powered by Qualcomm Snapdragon 855 paired with 8GB RAM, 128GB storage and 5000mAh battery – all for a starting price of just Rs. 35,999.

The Red Magic 3 has a tall 6.65-inch HDR display (90Hz), stereo speakers with DTS:X audio support, and a 48MP primary rear camera.


  • Powerful performance
  • Quality display
  • stereo speakers
  • Effective cooling mechanism


  • A bit too tall
  • Mediocre camera
  • No HD streaming support

Top 10 Phones Under Rs 45,000 in 2020

That concludes our list of best smartphones under Rs 40,000 in India. More and more consumers are willing to stretch their smartphone budgets these days, and that’s because our phones are no longer just frivolities. A number of necessary daily tasks are carried out on phones and young consumers value the premium experience more than ever before.

If you are willing to expand your budget by another 5K, here are other three options that you may consider:

Here’s is the list of top Phones Under Rs 40,000 in India in 2020

Product Name Price (In Indian Rupees)
OnePlus 7T Rs. 37,999
Asus ROG Phone II Rs. 37,999
OnePlus 7 Rs. 32,999
Black Shark 2 Rs. 39,990
Asus Zenfone 6 Rs. 31,999
Xiaomi Redmi K20 Pro Rs. 30,999
Honor 20 Rs. 32,999
Pixel 3a XL Rs. 39,990
Oppo Reno2 Rs. 36,990
Nubia Red Magic 3 Rs. 35,990


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    • Hi Ashish, the phone is always accompanied by a cashback offer of up to 8000 INR that reduces the effective price. During Sales (that happen once in two or three months) the phone retails for as low as 35K. If you are interested, we recommend that you wait for price drop.


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