Distance MBA

Ankit, you can get a job in a private bank after MBA through distance mode form LPU or any university but more preference is given to students who have done MBA through regular mode. If you are not a working professional better would be if you go for MBA through regular mode instead of distance mode.

https://www.shiksha.com/mba/colleges/distance-correspondence-mba-colleges-delhi-ncr
Please click the link above and kindly go through the list of MBA colleges that provides distance MBA in Delhi NCR.

You may refer to following link for list of top MBA by distance learning in India: https://www.shiksha.com/mba/articles/top-10-institutes-for-distance-correspondence-mba-blogId-6301

No, for distance MBA there isn't entrance exam in most of the institute. If you want to do MBA from IGNOU, then you have OPENMAT. If you want to do it from Andhra Pradesh and Telangana and EAMCET and TANCET is there, but there isn't any entrance exam for Madras, Pondicherry, Kurukshetra and Bharati Vidyapeeth.

Distance MBA is good only, if you can read this daily. Have case based approach and you can implement whatever you are reading in day to day basis in your job. You have not specified your work area and experience, if it is related to production, you may opt MBA in Operation management. Further, pure distance MBA does not add any value you should have class for the subject ideally around 8 to 10 week, weekend classes for each subject. You may look for IGNOU, University of Madras and Pondicherry University.

You are not eligible to seek admission in MBA, as Diploma is not equivalent to graduation degree. You are advised to first do graduation degree in any discipline or subject of your choice to become eligible for MBS admission.