diff --git a/erpnext/loan_management/doctype/loan/loan.py b/erpnext/loan_management/doctype/loan/loan.py
index e607d4f..0a65077 100644
--- a/erpnext/loan_management/doctype/loan/loan.py
+++ b/erpnext/loan_management/doctype/loan/loan.py
@@ -201,7 +201,9 @@
 	write_off_limit = frappe.get_value('Loan Type', loan_type, 'write_off_amount')
 
 	# checking greater than 0 as there may be some minor precision error
-	if pending_amount < write_off_limit:
+	if not pending_amount:
+		frappe.db.set_value('Loan', loan, 'status', 'Loan Closure Requested')
+	elif pending_amount < write_off_limit:
 		# Auto create loan write off and update status as loan closure requested
 		write_off = make_loan_write_off(loan)
 		write_off.submit()
diff --git a/erpnext/loan_management/doctype/loan/test_loan.py b/erpnext/loan_management/doctype/loan/test_loan.py
index f3c9db6..13a2094 100644
--- a/erpnext/loan_management/doctype/loan/test_loan.py
+++ b/erpnext/loan_management/doctype/loan/test_loan.py
@@ -547,7 +547,7 @@
 
 		# 30 days - grace period
 		penalty_days = 30 - 4
-		penalty_applicable_amount = flt(amounts['interest_amount']/2, 2)
+		penalty_applicable_amount = flt(amounts['interest_amount']/2)
 		penalty_amount = flt((((penalty_applicable_amount * 25) / 100) * penalty_days), 2)
 		process = process_loan_interest_accrual_for_demand_loans(posting_date = '2019-11-30')
 
diff --git a/erpnext/loan_management/doctype/loan_application/loan_application.py b/erpnext/loan_management/doctype/loan_application/loan_application.py
index e59db4c..9c0147e 100644
--- a/erpnext/loan_management/doctype/loan_application/loan_application.py
+++ b/erpnext/loan_management/doctype/loan_application/loan_application.py
@@ -197,7 +197,7 @@
 			security.qty = cint(security.amount/security.loan_security_price)
 
 		security.amount = security.qty * security.loan_security_price
-		security.post_haircut_amount = security.amount - (security.amount * security.haircut/100)
+		security.post_haircut_amount = cint(security.amount - (security.amount * security.haircut/100))
 
 		maximum_loan_amount += security.post_haircut_amount
 
diff --git a/erpnext/loan_management/doctype/loan_interest_accrual/loan_interest_accrual.py b/erpnext/loan_management/doctype/loan_interest_accrual/loan_interest_accrual.py
index 7d7992d..7978350 100644
--- a/erpnext/loan_management/doctype/loan_interest_accrual/loan_interest_accrual.py
+++ b/erpnext/loan_management/doctype/loan_interest_accrual/loan_interest_accrual.py
@@ -246,7 +246,5 @@
 	if not posting_date:
 		posting_date = getdate()
 
-	precision = cint(frappe.db.get_default("currency_precision")) or 2
-
-	return flt((principal_amount * rate_of_interest) / (days_in_year(get_datetime(posting_date).year) * 100), precision)
+	return flt((principal_amount * rate_of_interest) / (days_in_year(get_datetime(posting_date).year) * 100))
 
diff --git a/erpnext/loan_management/doctype/loan_repayment/loan_repayment.py b/erpnext/loan_management/doctype/loan_repayment/loan_repayment.py
index ac30c91..bac06c4 100644
--- a/erpnext/loan_management/doctype/loan_repayment/loan_repayment.py
+++ b/erpnext/loan_management/doctype/loan_repayment/loan_repayment.py
@@ -81,8 +81,8 @@
 				last_accrual_date = get_last_accrual_date(self.against_loan)
 
 				# get posting date upto which interest has to be accrued
-				per_day_interest = flt(get_per_day_interest(self.pending_principal_amount,
-					self.rate_of_interest, self.posting_date), 2)
+				per_day_interest = get_per_day_interest(self.pending_principal_amount,
+					self.rate_of_interest, self.posting_date)
 
 				no_of_days = flt(flt(self.total_interest_paid - self.interest_payable,
 					precision)/per_day_interest, 0) - 1
@@ -105,8 +105,6 @@
 				})
 
 	def update_paid_amount(self):
-		precision = cint(frappe.db.get_default("currency_precision")) or 2
-
 		loan = frappe.get_doc("Loan", self.against_loan)
 
 		for payment in self.repayment_details:
@@ -114,7 +112,7 @@
 				SET paid_principal_amount = `paid_principal_amount` + %s,
 					paid_interest_amount = `paid_interest_amount` + %s
 				WHERE name = %s""",
-				(flt(payment.paid_principal_amount, precision), flt(payment.paid_interest_amount, precision), payment.loan_interest_accrual))
+				(flt(payment.paid_principal_amount), flt(payment.paid_interest_amount), payment.loan_interest_accrual))
 
 		frappe.db.sql(""" UPDATE `tabLoan` SET total_amount_paid = %s, total_principal_paid = %s
 			WHERE name = %s """, (loan.total_amount_paid + self.amount_paid,
@@ -148,8 +146,6 @@
 			frappe.db.set_value("Loan", self.against_loan, "status", "Disbursed")
 
 	def allocate_amounts(self, repayment_details):
-		precision = cint(frappe.db.get_default("currency_precision")) or 2
-
 		self.set('repayment_details', [])
 		self.principal_amount_paid = 0
 		total_interest_paid = 0
@@ -185,21 +181,18 @@
 			# no of days for which to accrue interest
 			# Interest can only be accrued for an entire day and not partial
 			if interest_paid > repayment_details['unaccrued_interest']:
-				per_day_interest = flt(get_per_day_interest(self.pending_principal_amount,
-					self.rate_of_interest, self.posting_date), precision)
 				interest_paid -= repayment_details['unaccrued_interest']
 				total_interest_paid += repayment_details['unaccrued_interest']
 			else:
 				# get no of days for which interest can be paid
-				per_day_interest = flt(get_per_day_interest(self.pending_principal_amount,
-					self.rate_of_interest, self.posting_date), precision)
+				per_day_interest = get_per_day_interest(self.pending_principal_amount,
+					self.rate_of_interest, self.posting_date)
 
 				no_of_days = cint(interest_paid/per_day_interest)
 				total_interest_paid += no_of_days * per_day_interest
 				interest_paid -= no_of_days * per_day_interest
 
 		self.total_interest_paid = total_interest_paid
-
 		if interest_paid:
 			self.principal_amount_paid += interest_paid
 
@@ -369,7 +362,7 @@
 	if pending_days > 0:
 		principal_amount = flt(pending_principal_amount, precision)
 		per_day_interest = get_per_day_interest(principal_amount, loan_type_details.rate_of_interest, posting_date)
-		unaccrued_interest += (pending_days * flt(per_day_interest, precision))
+		unaccrued_interest += (pending_days * per_day_interest)
 
 	amounts["pending_principal_amount"] = flt(pending_principal_amount, precision)
 	amounts["payable_principal_amount"] = flt(payable_principal_amount, precision)
diff --git a/erpnext/loan_management/report/loan_security_exposure/loan_security_exposure.py b/erpnext/loan_management/report/loan_security_exposure/loan_security_exposure.py
index adc8013..8b6ea86 100644
--- a/erpnext/loan_management/report/loan_security_exposure/loan_security_exposure.py
+++ b/erpnext/loan_management/report/loan_security_exposure/loan_security_exposure.py
@@ -76,7 +76,7 @@
 		if qty:
 			security_wise_map[key[1]]['applicant_count'] += 1
 
-		total_portfolio_value += flt(qty * loan_security_details.get(key[1])['latest_price'])
+		total_portfolio_value += flt(qty * loan_security_details.get(key[1], {}).get('latest_price', 0))
 
 	return security_wise_map, total_portfolio_value