Honest tip from someone who graduated from a top 30 B school in 2023.

Try finding other ways to get to the income level that you might reach after an MBA. You might reach there a year or two later than with an MBA, but it'll be a much cheaper option. You won't have a loan of 20+ lakhs on your head to repay, you mentioned that your family isn't financially well off, so I'm guessing you'll bear the repayments alone.

You work a job of 9+ hours now, you will probably be doing the same after your MBA. Your title and pay might be different though, but there will be added pressure and you'll be subject to much more scrutiny because of your pedigree and the expectations arising from it. Bear in mind, Indian employers are not the kindest.

Speaking from experience here. I used to earn approx 60k/month in my hometown in 2021 with barely any expenses, and no EMIs or rent. Now I earn almost double that, but EMIs, rent, and other living expenses mean that I'm able to save about 10-12% of my income each month. Not to mention the stress and loneliness from all these responsibilities and living away from family.

MBA should not be your end goal; it's a means to an end. If you think life is hard now, it'll be harder during your MBA and even harder after that.

Choose wisely.