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Hello Srima
With 88% in 10+2 (in top 4 subjects) they'll give you 50% scholarship (but not in Noida branch, you need 90% for that) & 100% scholarship on 93% in class 12th. There is no hidden policy regarding the scholarship. If you're eligible for 100% scholarship, then you'll study for free. They won't take a single penny from you. You have to continue scholarship every year by coming in the top 10% or 20% of the class strength. Now, I come to your question. You are saying if any student didn't take admission with scholarship but what if he does great while studying in college. Yes, they give scholarship to students doing good in academics during the course.

Electronics and Communication is a core branch of engineering. ECE is one of the oldest branches of engineering. ECE plays crucial roles in every new invention in technology. I am 2018 pass out ECE engineer, currently working in the digital marketing field. Now, choosing jobs is totally depends upon your interests. You have one year that is the first year of engineering. This one year is important. You should try to build your interests. Well, you can change your stream after the 1st year.
(1) Coding job/IT field:
If you are good in coding and knows languages like HTML, CSS, JAVASCRIPT, Java, C+ or PYTHON. Don't try to learn these languages at once. Start with Java or Python, if you want to become a software developer or game developer. Learn HTML, CSS, and Javascript for jobs in web development and digital marketing field.
(2) Core electronics jobs:
This one is a little difficult. Companies don't want to hire freshers with no knowledge for the core jobs. If you want to go for a core job then start with learning basic concepts of electronics. After that go for training in embedded systems, PCB designing, MATLAB, VLSI or Automation (Robotics). Choose any one wisely. I will suggest you go for VLSI or Robotics.
(3) Non-Technical job:
There is a big chance that you will be in non-technical profile if you go for campus placement. Most of the companies need a fresher candidate with good communication skills for non-technical profiles like Research Analyst, Business Development Associate, and Business Process Outsourcing (BPO & KPO). You cannot make a good career in this field. Yes, your initial salary would be high (around 30K) in metro cities. So, choose wisely.
(4) Government sector job:
This is also one of the good options after engineering. There are many organizations like ISRO, DRDO, NTPC and many more. GATE exams are conducted every year for recruitment in government organizations. You will serve in your core field after qualifying GATE. I will suggest you prepare for GATE along with your studies. Don't waste your time by sitting at home after engineering. Well, ECE engineers can also go for exams like SSC, UPSC and Banking.