But more or less all the govt colleges have minimum 50% marks in graduation a eligibility criteria. It is possible because minimum marks for appearing at management entrance exam is graduation with 45% but you have to perform very well in entrance exam and GD/PI to land down in good B-school.

It would be difficult to get a good college with this percentage. If somebody Pursue MBA, There are many college that entertain and provide the degree after completion of course. But, afterward circumstance will arrive related to JOB Placement. No MNC company will hire you on your past academic Record and specially with this percentage and even-though, If you get the job you will given a least amount as compare to your companion has. who has strong academic records. They are Two Option to opt for career

International Certified course . Nowadays they are highly demand in the market.
2. To give the competitive Exam to get a A+ college instead of wasting money on private Institute. Moreover, to appear for CAT and XAT they also require 50% criteria for general and SC/ ST is 45% .

*So it all depends upon your choose what to choose*.

Thanks,
Azim

As per AiCTE Norms minimum 50%aggregate marks in graduation is must as eligibility. All AiCTE Approved MBA Colleges will not allow anything below 50% aggregate marks in graduation.

And onky AiCTE apprived colleges make sense as other colleges will have least value. 

So chances minimal for any such colleges.