Iām afraid old owners might also be using the 20w50 oil as that is what desi ustaads tell people to do.
If your engine is already shot you will notice oil reduction, not BECAUSE you started using 5w30. A super thick oil masks oil burning.
You check oil burning by pouring in the required quantity with filter change. Measure oil when the engine is cold to establish baseline.
Then measure the oil level again after driving around 1000km.
If the oil level has reduced quite a bit on the dipstick itās burning oil. If no burning check again after 2k km driving.
Do not go for expensive imported oils like liqui moly and Mobil1, canāt guarantee their authenticity. And authentic sellers locally providing API SP fully synthetic oils like Havoline, Shell Hx7 Plus, Total, Are good enough.