I am 17 and my height is 5.3 inches...so do i have chances to increase more height?

Not: By much. Though your epiphyseal plate will fuse at about age of 25 years most people have minimal growth after age of 16.

Possibly: your growth hormones will probably continue until you are 18-20; however, if there is a family history of short stature, you may have to live with it.

Sorry, done growing: Females stop growing on average 2 years after they start having their menstrual periods. On rare occasions they may grow up to 3 years after this, but presuming you started having periods at age 14 or under, by now the growth plates of your bones have closed and after that happens it is impossible to grow any more. But 5 foot 3 inches is the exact average height for women in India.