| Local Name | Lumia 540 Dual SIM |
| Technology | GSM / HSPA |
| 3G Bands | HSDPA 900 / 2100 |
| 2G Bands | GSM 850 / 900 / 1800 / 1900 - SIM 1 & SIM 2 |
| Speed | HSPA 42.2/5.76 Mbps |
| Announced | 2015, April. Released 2015, May |
| Status | Discontinued |
| Dimensions | 144 x 73.7 x 8.6 mm (5.67 x 2.90 x 0.34 in) |
| Weight | 152 g (5.36 oz) |
| SIM | Dual SIM (Micro-SIM, dual stand-by) |
| Display Type | Li-Ion 2200 mAh, removable |
| Screen Size | 5.0 inches, 68.9 cm2 (~64.9% screen-to-body ratio) |
| Resolution | 720 x 1280 pixels, 16:9 ratio (~294 ppi density) | ClearBlack display |
| OS | Microsoft Windows Phone 8.1 with Lumia Denim |
| Chipset | Qualcomm Snapdragon 200 (28 nm) |
| CPU | Quad-core 1.2 GHz Cortex-A7 |
| GPU | Adreno 302 |
| Card Slot | microSDXC (dedicated slot) |
| Internal Memory | 8GB 1GB RAM | eMMC 4.5 |
| Camera Features | LED flash |
| Video | 480p |
| Loudspeaker | Yes |
| 3.5mm Jack | Yes |
| WLAN | Wi-Fi 802.11 b/g/n, DLNA, hotspot |
| Bluetooth | 4.0, A2DP |
| NFC | No |
| Radio | FM radio |
| USB | microUSB 2.0 |
| Sensors | Accelerometer, proximity |
| Stand By | Up to 576 h (2G) / Up to 576 h (3G) |
| Talk Time | Up to 26 h (2G) / Up to 15 h (3G) |
| Music Play | Up to 81 h |
| Colors | Orange, white, black, gray, blue |