Muharram falls on July 6 in India, with the possibility of shifting to July 7 based on moon sighting.
If Ashura falls on July 7, schools, colleges, and offices might remain closed on Monday.
July 7 is not a bank holiday, according to the Reserve Bank of India's calendar.
Some states like West Bengal, Maharashtra, Uttar Pradesh, and Telangana may declare a public holiday on July 7 for Muharram, subject to official notification.