India

The admissions for the Sept 2016 intakes are closed now at all colleges, so you can apply for the January 2017 intake or Sept 2017. And yes it is advisable you take admission at an Indian university for the time being. Because even if you admitted later on, you will not have a gap year. Explaining gap year is a very tricky issue, and many students are rejected admission to universities abroad because they failed to explain to the admission officers how they utilized the gap year. If you continue your studies, that is a valid reason the admission officers are going to accept.
And you should start preparing for the Jan 2017 intake from now on, as it is a long and stretched out process.

Hi Shagufta,
B.F.A (Fine Arts) - Stands for Bachelor of Fine Arts. Typically, a Bachelor of Fine Arts is a three year course, minimum eligibility for which is an intermediate (10+2). Fine Arts is an art form which is developed mainly for aesthetics rather than practical application. Subjects studied under this degree are drawing, painting, figure drawing, portraiture, watercolor, art-making concept development, and art history critique.
Eligibility: The eligibility required for Bachelors Degree in Fine Arts is a higher seconday (10+2) pass. Usually, the course duration for this course is 3-4 years in most of the institutes and universities. Foundation and specialization course are taught in the first and remaining years respectively.
The career opportunities for the professionals are huge. They can find employment in various areas like: -
Animation
Advertising companies
Art studios
Clothing industry
Dance studios
Digital media
Fashion houses
Magazines
Manufacturers
On-Line services
Print making
Publishing houses
Sculpture
Television
Publishing industry
Graphic arts
Teaching
Films and theatre productions
Textile industry
For institutes offering BFA, refer the link below:
https://www.shiksha.com/search/index?keyword=BFa&start=0&institute_rows=-1&content_rows=-1&country_id=&city_id=&zone_id=&locality_id=&course_level=&course_type=&min_duration=&max_
Nothing but your innermost talent and passion should lead you to the course and the institute you choose.
Hope this helps.
Wish you luck.