Hey Afarsh,

Getting into India's prestigious college is a dream of everyone but the most important thing after this is that you score good marks and can carry forward these marks to your last sem. So if you're willing to enter IIT or IIIT with low rank its good but you need to research which subject you are opting. You need to find out how is the market of that stream. Whether there is any Good Placement or not. What is its future scope? And the Important point whether you will get interested after that or not. 

To short it down the following Key Points you need to know:

• Placement
• Future Scope in India and Abroad
• How many colleges offer this course
• Your Interest To that Subject/Branch

Hope that Helps.

Thank You

Hello,
Low rank is a little vague area to venture a guess. If your rank is decent enough to get into nit ot iiit it is not a low rank. However, if you are interested in any branch you are getting with your rank from nits or iiits choose iiit with better ranking than nits with worse rankings.