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Though I agree the brand value of college does matter, and NLUO doesn't have that good of a brand value, your hardwork and dedication will pay. Among the people who have been placed, everyone of them was hardworking. Some worked hard to get good batch ranks and then took interview at college placements, some worked hard during their internships and bagged the PPO.
If you think your college is the only thing that will land you a corp job, you're highly mistaken. The college has little to no role to play. And imagine the current market conditions in 2027 as well, where T-1 NLUs find it hard to place their pupils, you can't expect your college to place you. You are on your own. Work hard, play your cards right, you will be placed.
Back in 2019, when I too had to make a choice whether to settle with NLUO or give another shot to CLAT, I somehow settled with NLUO. Though I sometimes regret it, I don't think I have missed on anything which I could have done at a T-1 NLU.
At the end, it's your choice. But think wisely whether you want to waste a year. Cheers!
Trust me, if you work decently hard enough, you will do go in NLUO.