diff --git a/fineract-provider/src/main/java/org/apache/fineract/organisation/prequalification/domain/PrequalificationGroup.java b/fineract-provider/src/main/java/org/apache/fineract/organisation/prequalification/domain/PrequalificationGroup.java
index fbb7d009359..78363cb9b5d 100644
--- a/fineract-provider/src/main/java/org/apache/fineract/organisation/prequalification/domain/PrequalificationGroup.java
+++ b/fineract-provider/src/main/java/org/apache/fineract/organisation/prequalification/domain/PrequalificationGroup.java
@@ -86,6 +86,9 @@ public class PrequalificationGroup extends AbstractPersistableCustom {
     @Column(name = "created_at")
     private LocalDateTime createdAt;
 
+    @Column(name = "prequalification_type_enum")
+    private Integer prequalificationType;
+
     @ManyToOne(fetch = FetchType.LAZY)
     @JoinColumn(name = "previous_prequalification")
     private PrequalificationGroup parent;
@@ -212,4 +215,12 @@ public Map<String, Object> update(final JsonCommand command) {
     public void updateComments(String comment) {
         this.comments = comment;
     }
+
+    public Integer getPrequalificationType() {
+        return prequalificationType;
+    }
+
+    public void setPrequalificationType(Integer prequalificationType) {
+        this.prequalificationType = prequalificationType;
+    }
 }
diff --git a/fineract-provider/src/main/java/org/apache/fineract/organisation/prequalification/domain/ValidationChecklistResult.java b/fineract-provider/src/main/java/org/apache/fineract/organisation/prequalification/domain/ValidationChecklistResult.java
index 9780a2b4f60..8d4837b0950 100644
--- a/fineract-provider/src/main/java/org/apache/fineract/organisation/prequalification/domain/ValidationChecklistResult.java
+++ b/fineract-provider/src/main/java/org/apache/fineract/organisation/prequalification/domain/ValidationChecklistResult.java
@@ -44,6 +44,7 @@ public class ValidationChecklistResult extends AbstractAuditableCustom {
 
     @Column(name = "client_id")
     private Integer clientId;
+
     @Column(name = "prequalification_type")
     private Integer prequalificationType;
 
diff --git a/fineract-provider/src/main/java/org/apache/fineract/organisation/prequalification/service/PrequalificationWritePlatformServiceImpl.java b/fineract-provider/src/main/java/org/apache/fineract/organisation/prequalification/service/PrequalificationWritePlatformServiceImpl.java
index 5c2e6e5e010..f69f786155d 100644
--- a/fineract-provider/src/main/java/org/apache/fineract/organisation/prequalification/service/PrequalificationWritePlatformServiceImpl.java
+++ b/fineract-provider/src/main/java/org/apache/fineract/organisation/prequalification/service/PrequalificationWritePlatformServiceImpl.java
@@ -65,6 +65,7 @@
 import org.apache.fineract.organisation.prequalification.domain.PrequalificationMemberIndication;
 import org.apache.fineract.organisation.prequalification.domain.PrequalificationStatus;
 import org.apache.fineract.organisation.prequalification.domain.PrequalificationStatusLog;
+import org.apache.fineract.organisation.prequalification.domain.PrequalificationType;
 import org.apache.fineract.organisation.prequalification.exception.PrequalificationStatusNotChangedException;
 import org.apache.fineract.organisation.prequalification.serialization.PrequalificationMemberCommandFromApiJsonDeserializer;
 import org.apache.fineract.portfolio.blacklist.domain.BlacklistStatus;
@@ -73,6 +74,7 @@
 import org.apache.fineract.portfolio.group.domain.Group;
 import org.apache.fineract.portfolio.group.domain.GroupRepositoryWrapper;
 import org.apache.fineract.portfolio.loanproduct.domain.LoanProduct;
+import org.apache.fineract.portfolio.loanproduct.domain.LoanProductOwnerType;
 import org.apache.fineract.portfolio.loanproduct.domain.LoanProductRepository;
 import org.apache.fineract.portfolio.loanproduct.exception.LoanProductNotFoundException;
 import org.apache.fineract.useradministration.domain.AppUser;
@@ -183,6 +185,9 @@ public CommandProcessingResult processPrequalification(JsonCommand command) {
         PrequalificationGroup prequalificationGroup = PrequalificationGroup.fromJson(addedBy, facilitator, agency, group, loanProduct,
                 parentGroup, command);
 
+        PrequalificationType prequalificationType = resolvePrequalificationType(loanProduct);
+        prequalificationGroup.setPrequalificationType(prequalificationType.getValue());
+
         this.prequalificationGroupRepositoryWrapper.saveAndFlush(prequalificationGroup);
         StringBuilder prequalSB = new StringBuilder();
         prequalSB.append("PRECAL-");
@@ -378,6 +383,9 @@ public CommandProcessingResult processUpdatePrequalification(Long groupId, JsonC
                 newLoanProduct = productOption.get();
             }
             prequalificationGroup.updateProduct(newLoanProduct);
+
+            PrequalificationType prequalificationType = resolvePrequalificationType(newLoanProduct);
+            prequalificationGroup.setPrequalificationType(prequalificationType.getValue());
         }
 
         if (changes.containsKey(PrequalificatoinApiConstants.facilitatorParamName)) {
@@ -756,4 +764,18 @@ private PrequalificationStatus resolveStatus(String action) {
         }
         return status;
     }
+
+    private PrequalificationType resolvePrequalificationType(LoanProduct loanProduct) {
+        if (loanProduct.getOwnerType() != null) {
+            LoanProductOwnerType ownerType = LoanProductOwnerType.fromInt(loanProduct.getOwnerType());
+            if (ownerType.equals(LoanProductOwnerType.INDIVIDUAL)) {
+                return PrequalificationType.INDIVIDUAL;
+            }
+            if (ownerType.equals(LoanProductOwnerType.GROUP)) {
+                return PrequalificationType.GROUP;
+            }
+        }
+        return PrequalificationType.INVALID;
+    }
+
 }
diff --git a/fineract-provider/src/main/java/org/apache/fineract/portfolio/loanproduct/domain/LoanProduct.java b/fineract-provider/src/main/java/org/apache/fineract/portfolio/loanproduct/domain/LoanProduct.java
index 94b384387d7..1ddf5619f42 100644
--- a/fineract-provider/src/main/java/org/apache/fineract/portfolio/loanproduct/domain/LoanProduct.java
+++ b/fineract-provider/src/main/java/org/apache/fineract/portfolio/loanproduct/domain/LoanProduct.java
@@ -1651,4 +1651,7 @@ public void setLoanProducTrancheDetails(LoanProductTrancheDetails loanProducTran
         this.loanProducTrancheDetails = loanProducTrancheDetails;
     }
 
+    public Integer getOwnerType() {
+        return ownerType;
+    }
 }
diff --git a/fineract-provider/src/main/resources/db/changelog/tenant/changelog-tenant.xml b/fineract-provider/src/main/resources/db/changelog/tenant/changelog-tenant.xml
index 16a15b7f0c1..59843fd7e0a 100644
--- a/fineract-provider/src/main/resources/db/changelog/tenant/changelog-tenant.xml
+++ b/fineract-provider/src/main/resources/db/changelog/tenant/changelog-tenant.xml
@@ -111,4 +111,5 @@
     <include file="parts/0092_Add_Approved_Amount_prequalification_group_member.xml" relativeToChangelogFile="true"/>
     <include file="parts/0093_FBR_327_Add_code_for_committees.xml" relativeToChangelogFile="true"/>
     <include file="parts/0094_FBR_327_Add_committees_permissions.xml" relativeToChangelogFile="true"/>
+    <include file="parts/0095_Add_fields_to_prequalification_group.xml" relativeToChangelogFile="true"/>
 </databaseChangeLog>
diff --git a/fineract-provider/src/main/resources/db/changelog/tenant/parts/0095_Add_fields_to_prequalification_group.xml b/fineract-provider/src/main/resources/db/changelog/tenant/parts/0095_Add_fields_to_prequalification_group.xml
new file mode 100644
index 00000000000..464cf266583
--- /dev/null
+++ b/fineract-provider/src/main/resources/db/changelog/tenant/parts/0095_Add_fields_to_prequalification_group.xml
@@ -0,0 +1,47 @@
+<?xml version="1.0" encoding="UTF-8"?>
+<!--
+
+    Licensed to the Apache Software Foundation (ASF) under one
+    or more contributor license agreements. See the NOTICE file
+    distributed with this work for additional information
+    regarding copyright ownership. The ASF licenses this file
+    to you under the Apache License, Version 2.0 (the
+    "License"); you may not use this file except in compliance
+    with the License. You may obtain a copy of the License at
+
+    http://www.apache.org/licenses/LICENSE-2.0
+
+    Unless required by applicable law or agreed to in writing,
+    software distributed under the License is distributed on an
+    "AS IS" BASIS, WITHOUT WARRANTIES OR CONDITIONS OF ANY
+    KIND, either express or implied. See the License for the
+    specific language governing permissions and limitations
+    under the License.
+
+-->
+<databaseChangeLog xmlns="http://www.liquibase.org/xml/ns/dbchangelog"
+                   xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"
+                   xsi:schemaLocation="http://www.liquibase.org/xml/ns/dbchangelog http://www.liquibase.org/xml/ns/dbchangelog/dbchangelog-4.1.xsd">
+    <changeSet author="fineract" id="1">
+        <preConditions onFail="MARK_RAN">
+            <not>
+                <columnExists columnName="prequalification_type_enum" tableName="m_prequalification_group"/>
+            </not>
+        </preConditions>
+        <addColumn tableName="m_prequalification_group">
+            <column name="prequalification_type_enum" type="INTEGER" defaultValueNumeric="0">
+                <constraints nullable="false"/>
+            </column>
+        </addColumn>
+    </changeSet>
+    <changeSet author="fineract" id="2">
+        <sql>
+            UPDATE m_prequalification_group SET prequalification_type_enum = 1 WHERE product_id IN
+                                                                                     (SELECT id FROM m_product_loan WHERE owner_type_enum = 1 AND id = product_id)
+        </sql>
+        <sql>
+            UPDATE m_prequalification_group SET prequalification_type_enum = 2 WHERE product_id IN
+                                                                                     (SELECT id FROM m_product_loan WHERE owner_type_enum = 2 AND id = product_id)
+        </sql>
+    </changeSet>
+</databaseChangeLog>