With the rapid expansion of 5G networks across India, smartphones supporting this next-gen connectivity are now more accessible than ever. For under Rs. 40,000, buyers can find feature-rich 5G phones offering flagship-level performance, high-refresh-rate displays, powerful processors, and impressive camera setups. This guide highlights the best 5G smartphones available in India within this budget as of May 2025. From brands like OnePlus, Vivo, iQOO, Realme, and Xiaomi, these models strike a balance between performance and value. Whether you are a gamer, a photography enthusiast, or a multitasker, this curated list will help you choose the right 5G phone for your needs.
OnePlus 13R
The OnePlus 13R delivers flagship-level performance with the Snapdragon 8 Gen 3, a vibrant AMOLED display, and a massive 6,000 mAh battery for extended usage.
Feature
|
Details
|
Storage
|
256GB
|
Processor
|
Snapdragon 8 Gen 3
|
RAM
|
12GB
|
Operating System
|
Android v14
|
Screen size
|
6.78-inch (2780 x 1264, AMOLED)
|
Vivo V50
The Vivo V50 stands out with its sleek design, quad-curved display, and a powerful 50 MP front camera, making it a great pick for selfie lovers.
Feature
|
Details
|
Storage
|
128GB
|
Processor
|
Snapdragon 7 Gen 3
|
RAM
|
8GB
|
Operating System
|
Android v14
|
Screen size
|
6.77-inch (FHD+, AMOLED)
|
iQOO Neo 9 Pro
A performance-centric phone with the Snapdragon 8 Gen 2, the iQOO Neo 9 Pro is ideal for gamers and power users.
Feature
|
Details
|
Storage
|
128GB
|
Processor
|
Snapdragon 8 Gen 2
|
RAM
|
8GB
|
Operating System
|
Android v14
|
Screen size
|
6.78-inch (1260 x 2800, AMOLED)
|
Samsung Galaxy A56 5G
A balanced mid-ranger with a vivid Super AMOLED display and solid battery life, the Galaxy A56 5G is a reliable all-rounder.
Feature
|
Details
|
Storage
|
128GB
|
Processor
|
Exynos 1580
|
RAM
|
8GB
|
Operating System
|
Android v15
|
Screen size
|
6.7-inch (FHD+, Super AMOLED)
|
OPPO Reno13
With a sleek design and vibrant display, the OPPO Reno13 is a multimedia-friendly phone backed by fast charging and a large battery.
Feature
|
Details
|
Storage
|
128GB
|
Processor
|
MediaTek Dimensity 8350
|
RAM
|
8GB
|
Operating System
|
Android v15
|
Screen size
|
6.59-inch (FHD+, AMOLED)
|
Best 5G phones under 40,000 - Price list (2024) (2025)
Phone Model
|
Price (INR)
|
OnePlus 13R
|
39,998
|
Vivo V50
|
34,999
|
iQOO Neo 9 Pro
|
31,999
|
Samsung Galaxy A56 5G
|
32,499 (est.)
|
OPPO Reno13
|
30,599
|
You can also find some of these phones under Rs. 30,000 during sale. Prices and availability of these smartphones can vary across sellers. We recommend checking the official website for the most up-to-date information. You can also explore the latest offers on smartphones through Bajaj Finserv to get value-packed deals and Easy EMIs.
What features should you look for while buying 5G phones below Rs. 40,000
When in pursuit of the best 5G phone under Rs. 40,000, it's crucial to consider several key features that ensure you're getting the most bang for your buck. Here's a mobile buying guide to help you navigate through the options.
High-performance processor: Ensure the device is powered by a capable processor to handle 5G speeds and demanding applications smoothly.
Ample storage and RAM: Look for a minimum of 128GB storage and at least 6GB RAM to ensure seamless multitasking and ample file space.
Long-lasting battery: A robust battery life, preferably above 4500mAh, is essential to support the energy demands of 5G connectivity.
Advanced camera setup: Opt for a phone with a versatile camera system to capture high-quality photos and videos in various lighting conditions.
Vivid display: A phone with a high-resolution screen and a high refresh rate offers an immersive viewing experience for gaming and streaming.
By focusing on these features, you can secure the best 5G phone under Rs. 40,000, tailored to meet your digital lifestyle needs.
Financing options with Bajaj Finserv
Bajaj Mall is the best destination for you to read about all the details, features, and specifications of any product that you wish to buy. Once you have all the information, go to your nearest Bajaj Finserv partner store, and select the smartphone you want. You can get a pre-approved loan to fund your purchase. You can check your pre-approved loan limit online or at the store. After that, provide your basic details, and convert the cost of your purchase into Easy EMIs.
Benefits of shopping with Bajaj Finserv’s financing options
Below are some of the key advantages of using Bajaj Finserv’s financing options to make a new electronics purchase:
- Competitive prices: Bajaj Finserv partner stores offer unbeatable prices, making sure that your purchase fits your budget effortlessly.
- Easy EMIs: With Bajaj Finserv’s financing options, you can easily afford your selected product. Enjoy the freedom to choose a repayment tenure that aligns with your financial comfort.
- No upfront payment: Enjoy the convenience of no initial lump sum payment on select products, thanks to the zero down payment policy.
- Wide selection and accessibility: Finding your preferred product has never been simple. Explore an extensive collection available at Bajaj Finserv partner stores across the country.
- Exclusive deals and cashback: When you shop at a Bajaj Finserv partner store, you unlock access to exclusive deals and exciting cashback offers, enhancing your shopping experience.
- Free home delivery: Enjoy the added benefit of free delivery on select products, making your shopping journey even more seamless.
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