Hi, don't jump in hasty to buy speakers. Take more time, audition and invest in a good speakers which meets your taste of music and other priorities.
I have its little brother of Yamaha AX396 and it is awesome, and very sweet integrated amp. Though these amps categorized as entry level, they will sound excellent by matching with good hi-sensitivity speakers. They were not ordinary in terms of power, performance, features and functionalities, at the point of price and time when they produced.
I am using AX396 amp with Philips HQ full rangers since last 6 years which costed me only 2K, purchased from a fellow FM on this forum. Still it is sounding great (carefully keeping the volume level not beyond 8'o clock position). I have decided to upgrade only couple of months back when my financial position allowed for a big stretch.
I have auditioned my AX396 with Indiq Audio Platinum Achals(FS), their Platinum Mishra and Custom LRs, (to my surprise) all are performed very well. Finally ordered for Custom LRs in Group buy. I know that it is bit expensive. But, when you have good amplifier, investing on good speakers will lost for longer. It will serve both for good music and for Movies and you never regret.
To start with, you can talk to Amit of Indiq audio for an audition session at his residence. This will provide an opportunity to understand the potential of your Amp in live environment, with speakers of different capacities. I don't think you get such an opportunity in any other showroom in Bangalore for testing entry level Amps.
Also, don't ignore checking PIONEER SP-BS22 Bookshelf Speakers (Pair) by Andrew Jones, fits within your budget and VFM.
If the room is spacious and you want the music should fill entire home, you can also look for used vintage Yamaha/JBL/Pioneer/Technics 3 way bookshelf's (around 10K), which will get you more juice from the amp.
If you still constrained with budget, you can wait for good used speaker coming for sale in the forum, possibly from Bangalore, so you can audition with your amp and buy.