Education: Btech in CSE from Tier-3
YOE : 3+ years
Current : 15L (Fixed), no stocks

Offer : Microsoft L60
Base : 20 LPA
Perf Bonus : 0 - 20%
Stock : 50k USD -> (25%,25%,25%,25%).
Joining: 2 lac.(1+1)
Relocation : 75k
Other details: Do not have a competing offer.

Is this a good offer for L60? Should I join?