With rising temperatures and longer summers, a reliable air conditioner is no longer a luxury—it’s a necessity. However, choosing the right AC within a budget can be overwhelming, especially with so many models offering different technologies and features.
To make your decision easier, we’ve curated a list of the best Split ACs under ₹40,000 in India for 2026. This guide covers performance, energy efficiency, smart features, and durability—helping you get maximum value for your money.
Scroll down and discover the perfect AC that fits your budget and delivers powerful, efficient cooling.
The 5 Best Split AC Under 40000 – Your Ultimate Cooling Guide
Whether you want fast cooling, energy savings, smart controls, or year-round comfort with hot & cold functionality, the options below cover all your needs.
1. IFB HI1831G223GM2 1.5 Ton 3 Star Hot & Cold Inverter Split AC
The IFB HI1831G223GM2 is a versatile hot & cold inverter split AC, making it ideal for both summers and winters. Its 8-in-1 Flexi Mode allows you to adjust cooling capacity based on room size, occupancy, and power consumption—ensuring energy efficiency without compromising comfort.
Equipped with a copper condenser and 4-way swing, this AC ensures faster cooling and uniform air distribution. With Wi-Fi connectivity, you can control it remotely using your smartphone, making it a smart choice for modern homes.
Key Highlights:
- Hot & Cold functionality
- 8-in-1 Flexi cooling modes
- Wi-Fi enabled smart control
- Copper condenser for durability
- 4-way swing for even cooling
2. Blue Star IE518RNUR 1.5 Ton 5 Star Inverter Split AC
If energy efficiency is your top priority, the Blue Star IE518RNUR 5 Star Inverter Split AC is one of the best options under ₹40,000. Powered by AI Pro technology and a Hexa Inverter compressor, this AC intelligently adapts cooling performance based on room conditions.
Its 5-in-1 Convertible Cooling lets you operate the AC at different capacities, helping you save electricity during mild weather. The copper condenser and 4-way swing ensure long life and uniform cooling.
Key Highlights:
- 5 Star energy rating for lower electricity bills
- AI Pro & Hexa Inverter technology
- 5-in-1 Convertible Cooling
- Made in India
- Durable copper condenser
3. Daikin FTE60UV16U 1.8 Ton 1 Star Split AC
The Daikin FTE60UV16U is a powerful choice for large rooms, thanks to its 1.8 Ton capacity. Known for reliability and strong cooling, this AC features Power Chill Operation, delivering instant relief even during peak summer heat.
Its PM 2.5 filter helps improve indoor air quality by trapping fine dust particles, making it suitable for urban environments. Though it comes with a 1-Star rating, it excels in performance and durability.
Key Highlights:
- 1.8 Ton capacity for large spaces
- Power Chill for fast cooling
- PM 2.5 air purification filter
- Copper condenser for long life
4. LG US-H19BNXE 1.5 Ton 3 Star Hot & Cold Inverter Split AC
Rounding off the list is the LG US-H19BNXE Hot & Cold Inverter Split AC, perfect for year-round comfort. Its Dual Inverter Compressor ensures faster cooling, quieter operation, and better energy savings.
The 5-in-1 Convertible Cooling allows flexible performance based on your needs, while Gold Fin+ coating protects the condenser from corrosion, enhancing durability.
Key Highlights:
- Hot & Cold functionality
- Dual Inverter Compressor
- 5-in-1 Convertible Cooling
- Gold Fin+ anti-corrosion protection
- Quiet and efficient operation
Final Thoughts
Buying an air conditioner is a long-term investment, so it’s important to choose a model that matches your room size, usage pattern, and budget. Whether you need smart features, energy efficiency, fast cooling, or hot & cold operation, the models listed above offer excellent value under ₹40,000 in 2026.
When making your purchase, consider Mahajan Electronics as a trusted retailer that often offers competitive prices, genuine products, and prompt after-sales support—helping you get the best deal on your new AC.
Compare the features carefully and pick the AC that best suits your lifestyle and cooling requirements. Stay cool, stay comfortable, and make a smart purchase this summer with Mahajan Electronics.
Frequently Asked Questions (FAQs)
1. Which is the best split AC under ₹40,000 in India in 2026?
The best split AC under ₹40,000 depends on your needs. If you want maximum energy savings, the Blue Star IE518RNUR 5 Star Inverter AC is an excellent choice. For year-round comfort, the IFB HI1831G223GM2 and LG US-H19BNXE with hot & cold functionality are great options.
2. Is a 1.5 Ton split AC sufficient for Indian homes?
Yes, a 1.5 Ton split AC is ideal for rooms sized 120–180 sq. ft., which is common in most Indian homes. For larger rooms or higher ceilings, you may consider a 1.8 Ton AC like the Daikin FTE60UV16U.
3. What is the benefit of inverter ACs?
Inverter ACs adjust the compressor speed based on cooling requirements, resulting in:
- Lower electricity bills
- Faster and more consistent cooling
- Quieter operation
They are ideal for long daily usage.
4. Are hot & cold split ACs worth buying?
Yes, hot & cold ACs are worth it if you live in regions with cold winters. They eliminate the need for a separate room heater and provide comfort throughout the year.
5. How important is the star rating when buying an AC?
The star rating indicates energy efficiency. A 5 Star AC consumes less electricity compared to a 3 Star AC, especially if used for long hours. If your usage is high, investing in a higher star rating helps reduce long-term costs.