Query of Joel Dsouza

I have query regarding the legitimacy of Tirumalla Tirupati mscs Reg no is mscs/cr/784/2013
Some of the major red flags that I have noticed are

1. They claim to have 55 branches an their balance sheet displayed on the website shows location of kanivali(w),Mumbai Whereas their head office is in khar(w).
2. Their FD is offering a rate of interest of 12%pa which is almost double the rate of interest as compared to nationalized banks,considering the fresh impact of demonetization.
3. I see people aggressively investing money without doing any background research, their sales staff had approached me to invest, I am a bit skeptical and many of these societies end up being a fraudulent ponzi scheme
4. The website is portly constructed, and the domain name is registered under a single person’s name.

I am attaching a link to the website
http://www.tirupaticredit.in/
5. This is the the contact details on the website

I C Naik

Better to look for more credible avenues to park money.