Here's an alternative..
Boss Metal Zone (~Rs.4500)/ DS-1(~2500) - Metal Zone if you play hard rock and outright metal, DS-1 distortion if you play rock and heavy blues.
Cheap Delay (~Rs.2000)
Stranger Amp (~Rs.5000)
The best part about this set up is that when you have the cash later on, you can upgrade part by part, leaving the rest of your rig still usable. I can assure you that this setup will sound as good (if not better) than the inbuilt processor in the amp. And you could check for ads for anyone selling used analog pedals if you want to get these cheaper. These things are built to survive a nuclear attack so it is really difficult to damage them by regular use.
-- My current rig
Guitar: '98 MIJ Ibanez RG520 QS w EMG 81/60
Amp: Laney LC15R Tube, Fernandes 20W SS
Pedals: MI Audio Tube Zone Overdrive, Boss OD3, CS3, MT2, HM2, DS2, CE5, DD7, TU3, Beta Aivin DD2 Delay, Dunlop Crybaby 95Q, Stranger Vol Pedal, BBE SupaCharger
Others: Yamaha RBX 374 Bass, Yamaha MM-6 Synth, M-Audio Fast Track, Shure SM-57, Heet Sound E-Bow Plus
Wanted(pm if selling): EB VPJr/Boss FV500L,Ibanez w Original/Lo-Pro Edge