As per National Education Policy (NEP) 2020, the Academic Bank of Credits (ABC) has been envisaged to facilitate the academic mobility of students with the freedom to study across the Higher Education Institutions in the country with an appropriate "credit transfer" mechanism from one programme to another, leading to attain a Degree/ Diploma/PG-diploma, etc., ABC shall deposit credits awarded by registered institutions into students' accounts. The Academic bank credit(s) can only be shared from institutions, not directly from the student. Only credits submitted by an authorized institution will be accepted for storage and validation by the ABC.

It allows academic institutions to lodge and maintain the integrity of the credits, maintains the authenticity and confidentiality of student credits, easy credit transfer through digital mode, faster credit recognition. It also allows multiple entry, multiple exit for students, Stores student credit for a maximum shelf life of seven years, transfer credit through a single window after approval of source and destination academic institution and improves transparency and helps to build a more flexible approach to curriculum design and development.

Loreto College ensures the proper registration of every students for ABC Id under proper supervision.