Academic Bank of Credit/National Academic Depository

ACADEMIC BANK OF CREDITS (ABC):

The Academic Bank of Credits is a pioneering initiative by the Government of India, introduced in the  National Education Policy (NEP) 2020 The scheme aims to establish a robust digital infrastructure that can securely store the academic credits earned by students from various higher education institutes within the country.

Academic Bank of Credits (ABC) is a virtual/digital storehouse that contains the information of the credits earned by individual students throughout their learning journey. It will enable students to open their accounts and give multiple options for entering and leaving colleges or universities.

The ABC is tasked with various responsibilities including opening, closing, and verifying individual academic accounts of students. It is also responsible for collecting the academic credits earned by students, verifying them, and storing them for future use or redemption.

To learn more about ABC, visit the site https://www.abc.gov.in/

NATIONAL ACADEMIC DEPOSITORY (NAD):

National Academic Depository (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 mandatory register themselves under ABC via NAD.

The vision of National Academic Depository (NAD) is born out of an initiative to provide an online store house of all academic awards. National Academic Depository (NAD) is a 24X7 online store house of all academic awards viz.certificates, diplomas, degrees, mark-sheets etc. duly digitized and lodged by academic institutions / boards / eligibility assessment bodies. NAD not only ensures easy access to and retrieval of an academic award but also validates and guarantees its authenticity and safe storage.

To learn more about NAD, visit the site https://nad.gov.in/