FCNR accounts offer tax-free interest income in India and attractive returns for NRIs. Here's how you can use a leverage strategy to boost returns, along with a look at the risks associated with it. FCNR accounts offer tax-free interest income in India and attractive returns for NRIs. Here's how you can use a leverage strategy to boost returns, along with a look at the risks associated with it. by Soban News (international And National News)