diff --git a/erpnext/loan_management/doctype/loan/test_loan.py b/erpnext/loan_management/doctype/loan/test_loan.py
index 8b1f9a2..2abd7d8 100644
--- a/erpnext/loan_management/doctype/loan/test_loan.py
+++ b/erpnext/loan_management/doctype/loan/test_loan.py
@@ -362,6 +362,27 @@
 		unpledge_request.load_from_db()
 		self.assertEqual(unpledge_request.docstatus, 1)
 
+	def test_santined_loan_security_unpledge(self):
+		pledge = [{
+			"loan_security": "Test Security 1",
+			"qty": 4000.00
+		}]
+
+		loan_application = create_loan_application('_Test Company', self.applicant2, 'Demand Loan', pledge)
+		create_pledge(loan_application)
+
+		loan = create_demand_loan(self.applicant2, "Demand Loan", loan_application, posting_date='2019-10-01')
+		loan.submit()
+
+		self.assertEquals(loan.loan_amount, 1000000)
+
+		unpledge_map = {'Test Security 1': 4000}
+		unpledge_request = unpledge_security(loan=loan.name, security_map = unpledge_map, save=1)
+		unpledge_request.submit()
+		unpledge_request.status = 'Approved'
+		unpledge_request.save()
+		unpledge_request.submit()
+
 	def test_disbursal_check_with_shortfall(self):
 		pledges = [{
 			"loan_security": "Test Security 2",
diff --git a/erpnext/loan_management/doctype/loan_security_unpledge/loan_security_unpledge.py b/erpnext/loan_management/doctype/loan_security_unpledge/loan_security_unpledge.py
index 61c418d..ae88a07 100644
--- a/erpnext/loan_management/doctype/loan_security_unpledge/loan_security_unpledge.py
+++ b/erpnext/loan_management/doctype/loan_security_unpledge/loan_security_unpledge.py
@@ -44,10 +44,16 @@
 				"valid_upto": (">=", get_datetime())
 			}, as_list=1))
 
-		total_payment, principal_paid, interest_payable, written_off_amount = frappe.get_value("Loan", self.loan, ['total_payment', 'total_principal_paid',
-			'total_interest_payable', 'written_off_amount'])
+		loan_details = frappe.get_value("Loan", self.loan, ['total_payment', 'total_principal_paid',
+			'total_interest_payable', 'written_off_amount', 'disbursed_amount', 'status'], as_dict=1)
 
-		pending_principal_amount = flt(total_payment) - flt(interest_payable) - flt(principal_paid) - flt(written_off_amount)
+		if loan_details.status == 'Disbursed':
+			pending_principal_amount = flt(loan_details.total_payment) - flt(loan_details.interest_payable) \
+				- flt(loan_details.principal_paid) - flt(loan_details.written_off_amount)
+		else:
+			pending_principal_amount = flt(loan_details.disbursed_amount) - flt(loan_details.total_interest_payable) \
+				- flt(loan_details.total_principal_paid) - flt(loan_details.written_off_amount)
+
 		security_value = 0
 		unpledge_qty_map = {}
 		ltv_ratio = 0