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 9d31ee195fc..e72d694b0f1 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
@@ -290,8 +290,8 @@ def get_last_accrual_date(loan, posting_date):
 		# interest for last interest accrual date is already booked, so add 1 day
 		last_disbursement_date = get_last_disbursement_date(loan, posting_date)
 
-		if last_disbursement_date and getdate(last_disbursement_date) > getdate(
-			last_interest_accrual_date
+		if last_disbursement_date and getdate(last_disbursement_date) > add_days(
+			getdate(last_interest_accrual_date), 1
 		):
 			last_interest_accrual_date = last_disbursement_date