Hi @Abha Sharma ,
No, this is not avilable in add-in usinng app only policy.
When the add-in-only policy is used, SharePoint checks only the permissions of the add-in principal. Authorization checks succeed only if the current add-in has sufficient permissions to perform the action in question, regardless of the permissions of the current user (if any).
Please check this article for more: https://learn.microsoft.com/en-us/sharepoint/dev/sp-add-ins/add-in-authorization-policy-types-in-sharepoint#overview-of-add-in-authorization-policy-types
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