Hi @pankaj_sharma ,
Please run the code flexspi_nor_edma_transfer_cm7 in the internal RAM to operate the external flash:

Then try it again, whether you still have issues or not?
If you still have issues, you also can change your boot mode to serial download mode, then test it again.
SW1:1-OFF,2-OFF,3-OFF,4-ON.
Select link application to RAM.
Wish it helps you!
Best Regards,
Kerry