"Ewallhost is a cheat. Domain purchased from this service provider can't be transferred to other service service provider. There are other service providers at cheaper rates even if combined for two years. If you get some other service provider it is cheaper. They are cheating on this basis.
They have written down somewhere down in agreements and not mentioned anywhere else."
Not sure if it's true or not but make sure you check their TOS and also chat with a rep. These obscure registrars are always a gamble.
I should add for fairness sake that I just noticed that ewallhost had a reply:
"Domain was purchased under promotion price of INR 99, as per promotion term we explicitly mentioned the domain couldn't transfer until first renewal. This term same as what many service providers are offering nowadays".
So... it might be OK. But still... always better to be careful with these registrars nobody's heard of. You buy cheap and never know what's gonna happen later on. G'night!