You can et shortlisted if you hold any degree i.e B.E, BSc, BCA and no such criteria related to marks, even dropouts would get an opportunities to attend the interview . You will have to attend mahcine test which is main round and probably only round of interview process.
Pros:
Atleast you will also get an idea how good you are in solving case study.
Cons
After you are selected you will have to serve mandatory 2rs bond and also submit all you original documents. Its somewhat like you cannot leave once you have entered.