There are many college in bhopal for the placement of Rd 5 lacs and more than it. in bhopal there are n number of private engineering college. All colleges are not best for the placement pt of view one of the college that i know to the best pf my knowledge is SIRT Bhopal, It is most reliable and best upcoming colleg in the  bhopal. http://www.sirtbhopal.ac.in 

this is the second top college in  bhopal for the placement. 

There are many engineering colleges with average packages to 5lakhs but the fact is that most of the students does not get placed therefore you should try for iit where more than 70 percentage of students are placed and with an average packages ranging about 15 LPA .

There are number of colleges which can give you this 5 lakhs average package.
But you should go beyond this .
You can earn more than this totally depends upon you .
College didn't give you package .
It's your personality and your qualities that the company have to give you package on the basis of your qualities .
You earn from your skills.
Anyway.
Most of good colleges in India are:
IIT
NIT
BITS PILANI
BITS GOA
DTU
NSIT
PEC CHANDIGARH
VIT VELLORE
IIIT
THAPAR
CU
etc.
Good luck

Hello,
There are many such engineering colleges like NITs,IITs,IIITs,VIT,BIT,BITS,SRM,RVCE,BMSCE,MSRIT,etc and many more.But i will not recommend you to go for admission onky for placements rather go for your interests as the scenario can change after 4 years.
Good luck.