Mac outlook 2016 issue

Mac outlook 2016 issue

Hello,
I just setup 2 factor authentication for newly created account. I am able to log into my account from browser and iOS zoho app. However, I am unable to add zoho account in my outlook. I have Outlook for Mac version 16.13. I followed all instructions from this blog -  https://www.zoho.com/mail/help/outlook-imap-access.html. And created one-time application specific password from  https://accounts.zoho.com/u/h#security/authentication. However, I am getting following error. 


I appreciated your help in resolving the issue in advance. 

Thanks



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