Not able to mount azure file share into local RHEL7 VM

I want to mount(symlink) from Azure file share to a local RHEL7 VM . I am using the following command

mount -t cifs //<storage-account-name>.file.core.windows.net/<share-name>  /mymountpoint -o vers=3.0,username=<storage-acc-name>,password=<pwd>,dir_mode=0777,file_mode=0777,sec=ntlmssp,mfsymlinks

but getting the following error

mount error(13): Permission denied

Refer to the mount.cifs(8) manual page (e.g. man mount.cifs)

`The dmesg | tail gives the following log
[root@googleapps ~]# dmesg | tail
[98383.619149] fs/cifs/smb2misc.c: SMB2 data length 0 offset 0
[98383.619151] fs/cifs/smb2misc.c: SMB2 len 77
[98383.619163] fs/cifs/transport.c: cifs_sync_mid_result: cmd=1 mid=1 state=4
[98383.619168] Status code returned 0xc0000022 STATUS_ACCESS_DENIED
[98383.619175] fs/cifs/smb2maperror.c: Mapping SMB2 status code -1073741790 to POSIX err -13
[98383.619177] fs/cifs/misc.c: Null buffer passed to cifs_small_buf_release
[98383.619181] CIFS VFS: Send error in SessSetup = -13
[98383.619185] fs/cifs/connect.c: CIFS VFS: leaving cifs_get_smb_ses (xid = 59) rc = -13
[98383.619297] fs/cifs/connect.c: CIFS VFS: leaving cifs_mount (xid = 58) rc = -13
[98383.619300] CIFS VFS: cifs_mount failed w/return code = -13`

Try removing the Symlink option then manually linking it afterwards. I did a quick test on my machine, a RHEL V7 (Brand new for testing) on Azure, and linked a file share with it using the following steps:

1- Manually create the mount point dir, then run the following:

sudo yum install cifs-utils
sudo mount -t cifs //USERNAME.file.core.windows.net/FILESHARE ~/mountpoint/ -o vers=3.0,username=<>,password=<>,dir_mode=0777,file_mode=0777,sec=ntlmssp

Then try using the symlink afterwards.