Hello Neha, Yes you can definitely get admission in Punjab University. The basic eligibility for the candidates to pursue MBA from Punjab University is the candidate should have bachelor degree in any discipline with 50% of total aggregates from a recognized university. This university also considered the score of CAT examination. This year the selection procedure for this university is over. For the admission in the session 2019-2021 the apllication announced by this university is on the 30 November,2018 and the date of  group discussion/ personal interview is in between 25 to 30March,2019. 

Now you have to prepare for the session 2020 and study hard for it so that you can grab a seat. 

hope this will helps you

good luck.