Academic Bank of Credits (ABC)

Academic Bank of Credits (ABC)

Academic Bank of Credits (ABC) is the initiative of Ministry of Electronics and Information Technology (MeitY) and Ministry of Education (MoE).

For Students

Academic Bank of Credits enables students mobility across Higher Education Institutions. Helps in seamless integration of skills and experiences into a credit based system.

Brief

• Online centralized system
• Credit accumulation and redemption
• Credit audit trail management
• Credit accounting

Benefits

• Enable student mobility
• Academic flexibility
• Allows students to choose own learning path
• Recognized learning achievements

Key Feature

• Multiple entry multiple exit
• Anytime anywhere learning
• Allows students to study at their own pace
• Transparency

For Academic Institutions

Academic Bank of Credits has been established on the lines of the National Academic Depository (NAD), in the sense, NAD is the backbone of ABC, where the students' academic data are held and academic awards are stored (i.e. storehouse of academic awards). Despite the fact that ABC enables students to register or commence credit transfer, the final outcomes of credit redemption and issuance of certificates, as well as the compilation of award records, are administered by academic institutions via the NAD Platform. Hence being the owner of academic awards, Academic Institutions must mandatorily register themselves under ABC via NAD.

Source: Academic Bank of Credits (ABC)