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Some IITs allow branch change based on performance in the first year.
It is a fee paid to confirm your allotted seat.
There are usually 6 rounds of seat allocation.
You need JEE Advanced for IITs, but JEE Main is enough for NITs and IIITs.
JoSAA counselling is the centralized process for admission into IITs, NITs, and IIITs.