Hi @Amruta Tanksale ,
the answer on your question is here: https://azure.microsoft.com/en-us/pricing/purchase-options/azure-account -> in the FAQ
If you like to keep your Azure Account you have to move to Pay-As-You-Go otherwise the Azure Account will be deleted.
(If the reply was helpful please don't forget to upvote and/or accept as answer, thank you)
Regards
Andreas Baumgarten