Home loan interest exemption

yes u can claim bank interest only if your house property income can come under "INCOME FROM HOUSE PROPERTY"

Yes, you can claim the deduction on account of interest on bank loan for whatever amount you have repaid to the bank during the F.Y.  the disbursement of the part of the loan in the next F.Y. would not cause any problems on your side as the bank is doing the disbursement.  You will only get the exemption of the EMI paid by you to the bank during the F.Y.

Yes, you can tk the interest deduction on the account of Interest payment done on the Loan amt.