Hi @Puneet, Mithun ,
Welcome to Microsoft Q&A platform and thank you for using this forum.
SFTP connector supports RSA/DSA OpenSSH key. Could you please make sure your key file content starts with "-----BEGIN [RSA/DSA] PRIVATE KEY-----".
In case if the private key file is a ppk-format file, please use Putty tool to convert from .ppk to OpenSSH format.
Reference MS doc: Use SSH public key authentication (Please see note section in this doc)
Additional info : Please refer to this Stackoverflow thread and see if you can validate whether your passphrase for private key file is correct : C# getting “DER length is '95' and cannot be more than 4 bytes” error while using SSH Ftp
Let us know how it goes.
Thank you