On one hand there is talk of holiday on the occasion of Muharram, on the other hand there are reports of many schools, offices and banks being open. In such a situation, the question arising in the minds of common people, especially parents, employees and bank customers is whether there is a holiday on Monday or not?

Muharram was celebrated yesterday

The first month of the Islamic calendar is Muharram and its 10th day is called Roz-e-Ashura, which is very important for the Islamic community. This year the moon of Muharram was seen on 26 June and on this basis the 10th day i.e. Ashura is falling on 6 July 2025 (Sunday). That is, the main day of Muharram is being celebrated today.

Is 7th July a holiday?

There has been no central or national level announcement regarding the holiday on Monday, July 7.

However, the Rajasthan government has declared a public holiday on July 7 for Muharram. It is clear from this that this holiday can be given locally in some states and regions, but not everywhere.

Will banks be closed on 7th July?

According to the Reserve Bank of India’s (RBI) holiday list for 2025, there is no public bank holiday on July 7. This means that banks across the country will remain open as usual, unless a local holiday is declared in a particular state.

Will schools and offices open or not?

Muharram holiday in schools and private institutions depends on the location and their management’s decision. In states or cities where Muharram is being observed on July 6 (like in most places), schools and offices are more likely to remain open on July 7. However, many private institutions or schools have holidays on July 7 as per local tradition.

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Currently, the holiday for Muharram in 2025 has been declared on July 6 (Saturday), but if the moon appears a day late, then this date may be July 7 (Sunday). This is the reason why the dates of holidays can also be different in different states of the country. In such a situation, people should keep an eye on the notice issued by the local administration and schools and colleges.

This day reminds us of peace, devotion and sacrifice, which is celebrated with special significance throughout the country. In many places, this day is a public holiday and markets, banks and other services remain closed.

What is the importance of Muharram?

Muharram is the first month of the Islamic New Year. It is one of the four holiest months of Islam. It has great religious significance especially for the Shia Muslim community. The 10th date i.e. ‘Ashura’ commemorates the martyrdom of Hazrat Imam Hussain in the Battle of Karbala.

Effect of holiday – what will remain closed?

There is a holiday in the whole country on the day of Muharram. On this day, government offices, banks, schools, post offices and many private institutions remain closed. Especially in the states where the Muslim population is high like Uttar Pradesh, Maharashtra, Bengal, Telangana, special shutdowns are observed.

Impact on stock market and banking

On the day of Muharram, trading will be completely closed in Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). Apart from this:

There will also be no trading in the Currency, Equity, Derivatives, and SLB sections.

MCX (Multi Commodity Exchange) will remain closed in the morning session but will open in the evening from 5 PM till 11:30/11:55 PM.

Banks and other financial institutions will also remain closed. So settle important transactions in advance.

Is there a holiday in schools or not?

Information about school and college holidays is given at the local level. In such a situation, parents should keep an eye on the school notices, district administration or local newspapers.

How is Muharram celebrated?

The day of Muharram is celebrated with prayer, peace, and reverence. Especially the Shia Muslim community organizes mourning, processions and majlises. This day is to pay tribute to Hazrat Hussain and his companions by remembering their sacrifice.

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The post Muharram 2025: Markets closed, banks closed, offices also closed? Read full details of holiday on Muharram here first appeared on Rightsofemployees.com.