Help me to make a life changing decision

hello everyone, i am a computer science student and persuing my masters degree in computers. i am almost done with my degree and now i am on a job hunt. i got a job offer from a small IT company 4 days ago. Good thing is they are offering me job in my favrouite domain. I want to make my career in this field. But, the problem is that they are not offering me any money for the first 6 months and even after 6 months they are offering me 5000 rs per month for the next 6 months,which is not enough. after 1 year, they will give me the regular salary package. I am ready to work even if i have to work for free in probation period because i know i am going to learn a lot in this training period which is going to help me a lot in future. But, my parents can't support me anymore financially. They have done a lot for me. They have suffered a lot due to my degree fee. My father has almost 1 year for retirement after which it is going to be very difficult for him to support me financially. Now, the company who is offering me job has asked me to confirm the offer by tomorrow noon. Also, if i join the company, i have to sign a one year bond. That means i have to work atleast for a year and i can't apply for other jobs before one year. I am really confused and depressed at this time and i really want some suggesions from all my friends here. Please help me.