Coming from a financially challenging background, it is highly unlikely that you are interested in management purely out of interest. Now, you can think about IPM if you want to study management. Banks will grant loans to you without requiring much in the way of security. Additionally, since those loans will be your responsibility, your parents won't be responsible if you later become unable to make your payments due to unforeseeable circumstances.
Now for the next thing. Since you haven't specified your level of knowledge and skills, If you are currently brilliant, my recommendation is that you enroll in any graduate program that you like or would be your second choice. Look into B.Com and BBA as they can be sensible options, and if your interest still holds after earning your bachelor's degree, try to get into FPM or IIM Indore.
IPM isn't simple to get into, and if you stop and think about it, you can get along just fine without it too.
TLDR: Of the top 20 or 30 B-schools, IPM has one of the lowest ROIs. An MBA will cost you INR 14 while giving you a better understanding if you want to pursue management. Your entire course fee may be around INR 30 lakhs.