I am getting a haswell CPU named i5 4570 I need a good quality 500 watt psu. Please suggest

You said "I need a good quality 500 watt psu" and the Seasonic is all you could get (from flipkart). Save your money and buy it. Don't buy a crap psu because that's all you can afford right now. You'll regret it in another year when you are getting constant BSODs.