Can I get a fee concession at Alliance University for PGDM as it is difficult for me to arrange 8 Lacs within 2-years?

Yes a lot. Almost all the top banks offer loans to Alliance B-School as it is a reputed one. They will provide scholarships for meritorious students. University having more than 6 category for scholarships, they have tie-up with banks also for the student loan. No scholarship from the college side,