Abstract-The existing telecommunication standard hypothetically cater up the user's demands at the cost of short delay, power drainage, not so standard throughput. We reviewed the existing literatures of bit loading and power allocation to find more inclination towards 3G and 4G-based enabling technologies (OFDM-Orthogonal Frequency Division Multiplexing) and less towards 5G-based enabling technologies (e.g. FBMC-Filter Bank Multiple Carrier) almost no work is done towards 5G network. Hence, we present a framework of bit loading and power allocation that uses FBMC, incorporates a new encoding, and introduced a novel modulation technique over a stream of signal to find it more optimally supporting the demands of 5G networks. The study outcome was found to possess lower error rate, higher data delivery performance, lower power usage, and faster processing time in comparison to existing legacy standards.