Hello, As we know, principal component is deductible on payment basis and interest on accrual basis. I am a bank employee and for us staff housing loan has a separate system. Out of 360 installments, for first 270 installments only principal is deducted. After that when the whole principal gets paid off, from 271st installment interest component is deducted which had accrued throughout 270 installments. Hence, in my case how will I claim the deductions? As per rule, i have to claim the interest wen gets accrued only. And at the same time only principal is paid so the full payment goes to section 80C. Kindly advise me how can I create a balance and whether i will be able to claim deduction after 270 months when my full principal amount is paid off?