diff --git a/erpnext/hr/doctype/employee_loan/employee_loan.json b/erpnext/hr/doctype/employee_loan/employee_loan.json
index a5e79104aa..7606e924d5 100644
--- a/erpnext/hr/doctype/employee_loan/employee_loan.json
+++ b/erpnext/hr/doctype/employee_loan/employee_loan.json
@@ -394,7 +394,7 @@
    "read_only": 0, 
    "remember_last_selected_value": 0, 
    "report_hide": 0, 
-   "reqd": 1, 
+   "reqd": 0, 
    "search_index": 0, 
    "set_only_once": 0, 
    "unique": 0
@@ -916,7 +916,7 @@
  "issingle": 0, 
  "istable": 0, 
  "max_attachments": 0, 
- "modified": "2017-03-13 15:55:11.143936", 
+ "modified": "2017-03-30 12:59:40.650035", 
  "modified_by": "Administrator", 
  "module": "HR", 
  "name": "Employee Loan", 
@@ -942,6 +942,27 @@
    "share": 1, 
    "submit": 1, 
    "write": 1
+  }, 
+  {
+   "amend": 0, 
+   "apply_user_permissions": 1, 
+   "cancel": 0, 
+   "create": 0, 
+   "delete": 0, 
+   "email": 0, 
+   "export": 0, 
+   "if_owner": 0, 
+   "import": 0, 
+   "permlevel": 0, 
+   "print": 0, 
+   "read": 1, 
+   "report": 0, 
+   "role": "Employee", 
+   "set_user_permissions": 0, 
+   "share": 0, 
+   "submit": 0, 
+   "user_permission_doctypes": "[\"Employee\"]", 
+   "write": 0
   }
  ], 
  "quick_entry": 0, 
diff --git a/erpnext/hr/doctype/employee_loan/employee_loan.py b/erpnext/hr/doctype/employee_loan/employee_loan.py
index d4e9a20b49..7e16ec1c10 100644
--- a/erpnext/hr/doctype/employee_loan/employee_loan.py
+++ b/erpnext/hr/doctype/employee_loan/employee_loan.py
@@ -94,17 +94,19 @@ class EmployeeLoan(AccountsController):
 
 
 def update_disbursement_status(doc):
-	disbursed_amount = frappe.db.sql("""select ifnull(sum(debit_in_account_currency), 0) as disbursed_amount 
+	disbursement = frappe.db.sql("""select posting_date, ifnull(sum(debit_in_account_currency), 0) as disbursed_amount 
 		from `tabGL Entry` where against_voucher_type = 'Employee Loan' and against_voucher = %s""", 
-		(doc.name), as_dict=1)[0].disbursed_amount
-	if disbursed_amount == doc.loan_amount:
+		(doc.name), as_dict=1)[0]
+	if disbursement.disbursed_amount == doc.loan_amount:
 		frappe.db.set_value("Employee Loan", doc.name , "status", "Fully Disbursed")
-	if disbursed_amount < doc.loan_amount and disbursed_amount != 0:
+	if disbursement.disbursed_amount < doc.loan_amount and disbursement.disbursed_amount != 0:
 		frappe.db.set_value("Employee Loan", doc.name , "status", "Partially Disbursed")
-	if disbursed_amount == 0:
+	if disbursement.disbursed_amount == 0:
 		frappe.db.set_value("Employee Loan", doc.name , "status", "Sanctioned")
-	if disbursed_amount > doc.loan_amount:
+	if disbursement.disbursed_amount > doc.loan_amount:
 		frappe.throw(_("Disbursed Amount cannot be greater than Loan Amount {0}").format(doc.loan_amount))
+	if disbursement.disbursed_amount > 0:
+		frappe.db.set_value("Employee Loan", doc.name , "disbursement_date", disbursement.posting_date)	
 	
 def check_repayment_method(repayment_method, loan_amount, monthly_repayment_amount, repayment_periods):
 	if repayment_method == "Repay Over Number of Periods" and not repayment_periods: