If you choose IIM Raipur you can definitely grab the IIM tag. But in reality, SIMSREE is one of the oldest B Schools and thus has a better plethora of opportunities. Joining SIMSREE is a better choice because

• It is one of the oldest colleges in India
• It is located in Mumbai, the financial capital of India 
• 100% placement record
• Amazing ROI 
• Small-batch size
• Decent faculty base

You can avail so many opportunities by joining SIMSREE but will only get an IIM tag if you join IIM Raipur. Moreover, you will be burdened with repaying the loan. IIM Raipur might also not have top firms visit the campus for placements due to its location.

So it’s better to join SIMSREE and focus on the technical aspect of an MBA than join IIM Raipur just for the brand name.