Dear Vikas,

Congratulations on recieving a good rank. Coming to your question, according to the previous year cut off for both AIQ and state quota, your Rank is way less than the previous year cut off which is a good thing. You have a fair chance to get admission in any government medical College in MP at a rank of 1505. 

I would like to add that each year the cut off fluctuates and may change this year as well

You can check the link below to see the cut off rank for each College in MP

https://medicine.careers360.com/articles/neet-cutoff-mp