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Hi Pratik,
As per your query I would suggest you to first start with self-preparation and stick to it for few weeks and revise your class 10 and 12th maths (CBSE/ICSE if possible) to strengthen your basics.
By the start of your 3rd year you may join some good coaching institute which offers quality coaching for CAT and various other management entrance test.
The number of hours that you are required to put in depends on your individual aptitude. Minimum of 3-4 hours of self study daily apart from caching is a must.
Regularly give mock test, based on your performance in mock tests you may know in area you are strong and in which areas you need more hard work.
After spending considerable time in preparation it would also be advisable for you to set a clear cut target about your aspirations, whether you are planning to take admission only in top 10 colleges or top 20 colleges or top 30 colleges. The target must be realistic based on your self-analysis your preparation and your confidence in yourself.
Please browse through the link mentioned below to get detailed information regarding various institutes in India offering quality coaching for CAT and various other management entrance test.
Link: https://testprep.shiksha.com/mba-entrance-exams-india-categorypage-14-47-1-0-0-1-1-2-0-none-1-0
Hope it helps. Please feel free to revert. Click on the thumbs up or mark it as the best, if you found this useful.
Wish You Luck!

Hi Surender,
Eligibility criteria is listed below-
1. Nationality / Citizenship: A candidate must be either -
A Citizen of India or
A subject of Nepal or
A subject of Bhutan or
A Tibetan Refugee who came over to India before 1st January 1962 with the intention of permanently settling in India
2. Age (As on 01 August 2013)
The age of the candidate must not be below than 20 years and above than 28 years. However, age relaxation is there for the reserved categories.
3. Educational Qualifications
The candidates must posses a graduate degree in any discipline from a recognized University or any equivalent qualification.
*Distance education is acceptable provided the university is recognized by the Joint Committee of UGC, AICTE and DEC.
4. Computer Literacy: The candidate should have mandatory operators and working knowledge in computer systems in the form of Certificate/ Diploma/ Degree in computer operations/ Language/ should have studied Computer / Information Technology as one of the subjects at the High School/College/Institute.
For more, refer-
http://www.ibps.in/career_pdf/CWE_Clerks_III_Advt.pdf
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Hi Nikhil,
To pursue MS overseas you need to take the GRE and a test in English fluency. The Graduate Record Examination, GRE, is a standardized test, which includes the admission requirement for the graduate schools in the United States principally, and some other English speaking countries. This exam primarily focuses on testing the abstract thinking skills of the students. The areas that are covered include vocabulary, math and analytical writing. During the process of graduate school admissions, the emphasis level upon the GRE scores varies between schools. With a good GRE score you can also try for scholarships. After a GRE and TOEFL, you can use the scores to apply for admission to MTech, MS courses in subject of your choice. Funding criteria depends on country to country and college to college. However, you will be required to show proof of funds available and sound funding to go anywhere abroad. You must also prove that sufficient funds are or will be available from an identified and reliable financial source to defray all living and school expenses during the entire period of anticipated study. Specifically, applicants must prove they have enough readily available funds to meet all expenses for the first year of study, and that adequate funds will be available for each subsequent year of study. The proof of funding could also be in the form of documents showing approval of loan from a recognized bank as many students do go in for a student loan in case own funds are not available.
Hope it helps. Please feel free to revert. Click on the thumbs up or mark it as the best, if you found this useful.
Wish You Luck!