July 7, 2025: Today Bank Holiday – As searches spike for “Is today a holiday?” on Google, many Indians are wondering if Monday, July 7, 2025, is a public holiday on account of Muharram. Here’s a breakdown of what you need to know about bank operations, school closures, and the significance of Muharram in the Islamic calendar.
Why is Muharram Significant in Islam?
Muharram marks the beginning of the Islamic New Year, which this year began on Sunday, July 6, 2025. It is one of the four sacred months in Islam and is observed with great reverence by Muslims worldwide.
The 10th day of Muharram, known as Ashura, holds special significance, particularly for Shia Muslims, who mourn the martyrdom of Imam Hussein, the grandson of Prophet Muhammad. Imam Hussein was killed in the Battle of Karbala in 680 AD, an event that is remembered with solemn processions, prayers, and gatherings.
Are Banks Closed on Monday, July 7?
While banks were closed over the weekend — Saturday for Guru Hargobind Ji’s Birthday and Sunday for the regular weekly off — Monday, July 7, 2025, is not a public or bank holiday, according to the RBI Holiday Calendar.
That means:
- Banks will operate as usual on July 7.
- Services such as ATM withdrawals, UPI, and internet banking will continue to function normally, even on official holidays.
The Reserve Bank of India (RBI) issues an annual list of bank holidays, which varies based on state-specific observances and festivals. Muharram, depending on the regional moon-sighting and local government decisions, may be declared a holiday in select states — but for most parts of India, Ashura will be observed on Tuesday, July 15, 2025.
Schools and CBSE Holiday Calendar for July 2025
Most schools across India have resumed for the academic year 2025–26 after the summer vacation. In states like Uttar Pradesh, Delhi, and Punjab, classes are already underway.
The CBSE Academic Calendar for 2025–26 includes major national and regional holidays. Other than Muharram (observed later in the month), there are no significant school holidays in early July.