Short answer: Under Rs 40,000 the best all-round pick is still the iPhone 14 at Rs 34,990. But this budget unlocks two genuine specialists: the iPhone 14 Plus at Rs 39,490 has the best battery life of any iPhone we stock, and the iPhone 12 Pro Max at Rs 38,390 gives you the biggest screen and a telephoto lens for the money. All Grade A Certified, in stock as of 6 September 2026, with a 6-month warranty and a GST invoice.

Prices are live as of 6 September 2026 and move with stock — check the linked product page for the current figure before you decide.

Everything in stock under Rs 40,000

Model Price Stock today Screen Cameras Best for
iPhone 12 Mini Rs 19,990 In stock 5.4-inch 2 Smallest option
iPhone 12 Rs 21,990 In stock 6.1-inch 2 Cheapest 6.1-inch
iPhone 13 Mini Rs 28,490 In stock 5.4-inch 2 Small with good battery
iPhone 13 Rs 30,390 In stock 6.1-inch 2 Value benchmark
iPhone 12 Pro Rs 34,490 In stock 6.1-inch 3 plus LiDAR Telephoto on a budget
iPhone 14 Rs 34,990 In stock 6.1-inch 2 The overall pick
iPhone 12 Pro Max Rs 38,390 In stock 6.7-inch 3 plus LiDAR Biggest screen, best zoom here
iPhone 14 Plus Rs 39,490 In stock 6.7-inch 2 Best battery life, full stop

1. iPhone 14 at Rs 34,990 — the sensible pick

Nothing on this page beats it on balance. A15 with the extra GPU core, Photonic Engine for better low-light photos, Crash Detection, and the longest remaining update runway of any phone under Rs 40,000 here. If you are choosing without a strong preference for a big screen or long battery, this is the answer.

2. iPhone 14 Plus at Rs 39,490 — the battery champion

The 14 Plus is the quiet star of Apple recent line-up and it is under-appreciated. It pairs the efficient A15 with the physically largest battery Apple has put in a non-Pro iPhone, and because it drives an ordinary 60Hz screen rather than a power-hungry 120Hz one, it lasts longer in real use than several more expensive Pro models.

Buy this if battery anxiety is your main complaint about your current phone. It is the single most effective fix on this page.

Skip it if you want a phone that fits in a small pocket or you use it one-handed. It is large and it is heavy.

3. iPhone 12 Pro Max at Rs 38,390 — the camera and screen pick

For Rs 38,390 you get a 6.7-inch display, a three-camera system with telephoto, LiDAR for faster low-light focus, and the largest sensor Apple had shipped up to that point.

The trade-offs are real: the A14 is two generations behind the 14 Plus, and the stainless steel Pro frame makes it heavy. But if photography is your priority and Rs 40,000 is your ceiling, no other phone here gives you optical zoom on a screen this size.

4. iPhone 13 at Rs 30,390 — still the value benchmark

The A15, sensor-shift stabilisation, good battery, years of updates left. If you want to spend the least while still buying something you will keep for four years, this is it, and the Rs 4,600 you save against the 14 is real money.

How to choose, in one line each

  • Best all-round phone? iPhone 14, Rs 34,990.
  • Lasts all day, every day? iPhone 14 Plus, Rs 39,490.
  • Zoom and a big screen? iPhone 12 Pro Max, Rs 38,390.
  • Best value? iPhone 13, Rs 30,390.
  • Small phone? iPhone 13 Mini, Rs 28,490.
  • Cheapest way in? iPhone 12, Rs 21,990.

Who should NOT buy in this band — spend more, or spend less

  • If you want ProMotion 120Hz, nothing under Rs 40,000 has it. Stretch to the iPhone 13 Pro at Rs 44,990. Once you have used 120Hz, 60Hz is noticeable.
  • If you want the best camera we stock, the iPhone 15 Pro Max at Rs 79,990 with 5x telephoto is a different class. Do not expect this band to match it.
  • If your budget is genuinely Rs 25,000, do not stretch to Rs 40,000 on EMI for features you have not missed. The iPhone 13 at Rs 30,390 or the 12 at Rs 21,990 will serve you well.
  • If you want a phone for five more years, buy the newest model you can afford. The iPhone 14 has the most runway on this page.
  • If you play demanding mobile games for hours, the A14 in the 12 Pro Max will throttle before a newer chip does.

What we can ship today

Every unit below is in stock as this page was last checked, with a 6-month NewAsNew Assured Warranty, GST invoice, 7-day returns and no-cost EMI. If it is listed here, we can dispatch it.

Model Price MRP You save
Apple iPhone 12 Mini
Grade A Certified		 ₹19,990 ₹69,900 71%
Apple iPhone 13 Mini
Grade A Certified		 ₹28,490 ₹69,900 59%
Apple iPhone 14
Grade A Certified		 ₹34,990 ₹79,900 56%
Apple iPhone 14 Plus
Grade A Certified		 ₹39,490 ₹89,900 56%

Prices checked on 29 September 2026 — stock and prices move, so the linked product page is always the truth.

Browse all iPhones under ₹40,000 in stock · Ask us on WhatsApp which one fits you

Frequently asked questions

Which refurbished iPhone has the best battery life under Rs 40,000?

The iPhone 14 Plus at Rs 39,490, by a clear margin. It has the largest battery Apple has fitted to a non-Pro iPhone, paired with an efficient A15 chip and a 60Hz display that draws less power than a 120Hz one.

Is the iPhone 12 Pro Max better than the iPhone 14?

Better screen size and better camera hardware, thanks to the telephoto lens and LiDAR. Worse chip, worse battery efficiency and less update runway. Choose the 12 Pro Max for photography and screen size, the 14 for longevity and balance.

Should I buy an iPhone 14 now or wait after the iPhone 18 launch?

Refurbished pricing typically softens over six to twelve weeks after a launch as supply improves, rather than dropping immediately. In 2026 the late festive season, with Diwali on 8 November, adds demand that partly offsets it. If you need a phone now, buy now.

Do refurbished iPhones support 5G in India?

Yes. Every iPhone from the 12 series onward supports 5G, and all models on this page are iPhone 12 or newer. Band support works with Indian networks.

What battery health do NewAsNew iPhones have?

Battery health is measured and recorded during our 50-point check, which covers 14 test areas for smartphones, and stated per unit rather than described in adjectives. Ask on WhatsApp for the figure on a specific device before you order.

Is there a warranty on a refurbished iPhone?

Yes — a 6-month NewAsNew Assured Warranty, 7-day returns, a GST invoice, and no-cost or low-cost EMI on every order.

Related guides

Still deciding? Talk to a human

Send us the work you do and your budget on WhatsApp and we will tell you honestly whether we have something for you — or whether you should wait. Chat with NewAsNew on WhatsApp (+91 79822 35917).

Browse live stock: Grade A Certified laptops · Refurbished iPhones · Unboxed headphones · Unboxed earbuds.

Written by Atul Pandey, co-founder of NewAsNew (NextG Serve Private Limited, New Delhi). We came from four years of offline electronics retail in Prayagraj before building NewAsNew. Only 2 to 3 out of every 10 devices that reach our QC bench pass; the other 7 to 8 go back to the supplier. The exact figure moves month to month with the stock we are offered, so we publish the range rather than one flattering number. Read our story.