The Samsung Galaxy Note 3 Neo is an affordable variant of the Galaxy Note 3. It offers a fairly large 5.5 inch touch display, an 8MP camera and a hexa-core Exynos chip. All in all you get a decent device, which is visually almost identical to its full-featured sibling with all of its software features, S Pen stylus and a decent 3100mAh battery.
While the Note 3 Neo is a decent alternative to the regular Galaxy Note 3, it is not all that cheaper. If the stylus is the main reason you are purchasing the Note 3 Neo, you may want to consider spending the extra and getting the Note 3 instead. If all you are looking for is a large screen device, you could consider Samsung's own Galaxy Grand 2, the HTC Desire 816 or the Nokia Lumia 1320 with Windows Phone.
source - PhoneArena