If you have great scores, I will recommend you to go for an institute better than Jaipuria and if you have average scores then too Jaipuria should never be your chance. In this case, you should get your MBA/PGDM degree from any average UP college that charges low fees in comparison to Jaipuria. The placement scenario will be similar and you will end up with a smaller loan to repay. I know a friend who completed her MBA from Jaipuria and later realized that she got zero ROI from the institute. Superficially, the placement scenario seems to be great, but the kind of companies that visit are average and the placement figures are inflated.
No doubt, the institute offers a great academic environment and placements, but getting placed in a good company might sometimes become very challenging and the overall ROI will be very low. However, the institute helps in the holistic development of the student's personality and helps them become a more confident person.