diff --git a/erpnext/loan_management/doctype/loan/loan.json b/erpnext/loan_management/doctype/loan/loan.json
index 8a3b2fa..b613d22 100644
--- a/erpnext/loan_management/doctype/loan/loan.json
+++ b/erpnext/loan_management/doctype/loan/loan.json
@@ -295,8 +295,7 @@
    "default": "0",
    "fieldname": "is_secured_loan",
    "fieldtype": "Check",
-   "label": "Is Secured Loan",
-   "read_only": 1
+   "label": "Is Secured Loan"
   },
   {
    "default": "0",
@@ -351,7 +350,7 @@
  "index_web_pages_for_search": 1,
  "is_submittable": 1,
  "links": [],
- "modified": "2020-10-21 09:12:26.809228",
+ "modified": "2020-10-22 11:03:43.697394",
  "modified_by": "Administrator",
  "module": "Loan Management",
  "name": "Loan",
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 e31b844..1fc41f9 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
@@ -210,21 +210,21 @@
 
 
 def get_no_of_days_for_interest_accural(loan, posting_date):
-	last_interest_accrual_date = get_last_accural_date_in_current_month(loan)
+	last_interest_accrual_date = get_last_accural_date(loan.name)
 
 	no_of_days = date_diff(posting_date or nowdate(), last_interest_accrual_date) + 1
 
 	return no_of_days
 
-def get_last_accural_date_in_current_month(loan):
+def get_last_accural_date(loan):
 	last_posting_date = frappe.db.sql(""" SELECT MAX(posting_date) from `tabLoan Interest Accrual`
-		WHERE loan = %s""", (loan.name))
+		WHERE loan = %s""", (loan))
 
 	if last_posting_date[0][0]:
 		# interest for last interest accrual date is already booked, so add 1 day
 		return add_days(last_posting_date[0][0], 1)
 	else:
-		return loan.disbursement_date
+		return frappe.db.get_value('Loan', loan, 'disbursement_date')
 
 def days_in_year(year):
 	days = 365
diff --git a/erpnext/loan_management/doctype/loan_repayment/loan_repayment.py b/erpnext/loan_management/doctype/loan_repayment/loan_repayment.py
index 6b3fba4..12d81d3 100644
--- a/erpnext/loan_management/doctype/loan_repayment/loan_repayment.py
+++ b/erpnext/loan_management/doctype/loan_repayment/loan_repayment.py
@@ -14,7 +14,7 @@
 from erpnext.accounts.general_ledger import make_gl_entries
 from erpnext.loan_management.doctype.loan_security_shortfall.loan_security_shortfall import update_shortfall_status
 from erpnext.loan_management.doctype.process_loan_interest_accrual.process_loan_interest_accrual import process_loan_interest_accrual_for_demand_loans
-from erpnext.loan_management.doctype.loan_interest_accrual.loan_interest_accrual import get_per_day_interest
+from erpnext.loan_management.doctype.loan_interest_accrual.loan_interest_accrual import get_per_day_interest, get_last_accural_date
 
 class LoanRepayment(AccountsController):
 
@@ -76,14 +76,15 @@
 		if self.total_interest_paid > self.interest_payable:
 			if not self.is_term_loan:
 				# get last loan interest accrual date
-				last_accrual_date = frappe.get_value('Loan Interest Accrual', {'loan': self.against_loan}, 'MAX(posting_date)')
+				last_accrual_date = get_last_accural_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)
 
 				no_of_days = flt(flt(self.total_interest_paid - self.interest_payable,
-					precision)/per_day_interest, 0)
+					precision)/per_day_interest, 0) - 1
+
 
 				posting_date = add_days(last_accrual_date, no_of_days)