In terms of reputation Pearl Academy is also coming up as one of the names in Design Institutes, but surely when compared NIFT, and NID, NIFT and NID are the Pioneers in the field.
Even if we speak of the accreditations, NIFT and NID are well approved and recognized by the proper authorities who affiliate and officially vouch for their academic authenticity and the awarding of degrees.
MIT can also be considered the next best after NIFT and NID, though SID is way more commercial.
But considering limitation of finances as you mentioned, as far as the fees is concerned, check out how much study loan will you be eligible for, if at all. Try going for scholarships if available. Try doing some online part-time jobs if you can manage time. Check out the financial margin which you can handle and then decide, as NIFT is no doubt the best in this field.
So, in my opinion do the above calculation and avail the financial facilities if possible but do not compromise on education that too which is completely career oriented, and your whole future will depend upon it.
Wish you all the Best!