IIM

Yes, definitely you will get a call from IIM. IIM's looks only the final percentage of your graduation and CAT marks in shortlisting the candidate for an interview. At the time of the Interview, they will ask about your lag in attaining graduation and at that time, you can tell your reason, and if they found it genuine and correct then you will be selected. I hope you had your medical certificates and all as a proof. Then definitely, it is not going to affect you in any way in your journey towards IIM.
All the best.

Daer Vinod,
The three criteria are -
Bachelor Degree or equivalent.
Valid GMAT score (dated April 1st, 2012 or newer).
Age of 27 years as on March 31st, 2016.

Dear Vinod,
IIMs do have reservation seats. You can visit their official website for more clarity.

So the interviews of the new IIMs(6 new IIMs - Udaipur, Trichy, Rothak, Raipur, Kashipur, Ranchi) are done together and for the 7 top IIMs they are done each separate. For the newer IIMs they are different and a process would be declared separately as last year they were setup late.

Hi Gajanan,
You are eligible to join IIMA for PGPX program. You can also refer the link for more clarity:
http://www.iimahd.ernet.in/programmes/pgpx.html

Hi Tejaswi,
Sorry to say but you are not eligible for both of these colleges as their cut-offs are more than 90 percentile.
All the best.

IIMs start giving out calls by the end of January. The interview process is started by February end.

You can, but you will have to perform extraordinarily in the CAT. You will need to score more than 99.8 percentile in CAT to get calls from old IIMs.

For general category cut off is 70 percentile and please do not consider MNNIT as your list for MBA college.

It is advisable to score more than 80% marks in UG and more than 99 percentile to secure an interview call from IIMs. Please keep in mind for certain IIMs the CAT percentile cutoffs are as high as 99.5 and 99.67. Hence to get calls from all IIMs you will need to score more than 99,7 percentile in CAT. Also if you fail to secure more than 80% marks in UG, you will not be able to receive calls from certain IIMs.