#2 Asus Zenfone 2 ZE550ML
With powerful 1.8 GHz Octa core processor, 2 GB of DDR3 RAM and 16 GB of onboard storage; it is a beast in this segment. It offers high end specs despite of its low price. Asus launched it with 13 megapixels primary and a 5 megapixels secondary camera which makes it one of the best camera phones that are available in the market at this price. With 5.5 inch HD IPS display it looks awesome and provides great multitasking capability.