IIM

it is difficult to get admission in old and respected IIMs with 95 percentile. You may get call in new IIMs if your acedmic performance is good.

All depends on ur cmat or Cat score. colleges other than IIMs are FMs delhi, IIFT delhi, Ksomaiya Mumbai, sydenham, spjain,nmims, welingkars, Greatlakes, MICa, shaileshmehta, MDI gurgaon, IMI Delhi, IMT ghaziabad.

The right or pragmatic approach, is to personally visit the B School you are targeting and gather information

No, it won't be. However, being a non-engineer can be a benefit, as IIMs have started giving more points to non-engineers in their grading formulas.

Chances are really tough. In case you are from general category, then almost no chances. If you are from a reservation category, then still some. Chances, if you get a really good percentile

no, for IIMs you need to give CAT

The results will be announced by the end of april or start of may.

The cut off should be 70 percentile or above in the Common Admission test 2015 (CAT) conducted by the Indian Institutes of Management (IIMs).The comparision is that IIMS will be providing PGDM degree where christ institute of management provides MBA degree and this tries to reach the standards of IIMS.

A lot of colleges have need based financial assistance which is mostly given based on your family income, you should check the terms and conditions for financial assistance of the colleges that you are targeting.
You can also take education loan, for which you would not have to pay any installment during your course duration.