Hello,
Yes, an AIR of 9301 is eligible for counselling. Eligibility for counselling depends on clearing the minimum qualifying criteria of the exam, not just the rank number. Since you have an All India Rank, you can participate in the counselling process conducted for that exam. Your actual chances of getting a seat will depend on factors like the exam, category, cutoff ranks of colleges, branch preference, and counselling rounds.
I hope this helps you.