Yes, I am aware of that offer. But, I don't trust on such cheap domain registrar. They might suspend the domain name or may get closed (Example: Net4 India).
Also, I have a an very horrible experience with HOIX india.
A few months ago, I have registered a Domain Name LyricsXYZ.in (at that time, this domain was mine, now owned by someone else). This domain has a Good Domain Authority and quite relevant backlink for starting a lyrics website.
But, after 5-6 days of registration of the domain name, they cancel my domain and made that public. I created an issue but at last, all I got is 99 Refund.
They stated the reason that, I have a duplicate account so, they have cancelled my domain.
But what was the truth??
I haven't heard the name of HOIX India before registering lyricsXYZ.in. That was my first account. I can swear that was my first and the only account with HOIXindia.
But, they don't hear it. They were rude also. And at last, I lost the domain.
This has a lesson, Domain is utmost important as website. Never, compromise with your site future with such registrar.