I have accidentally deleted the Storage account

Hello mungi sai meghavardhan, it's important to understand that recovery of a deleted storage account is not a guaranteed operation and is a best-effort basis.

To recover a storage account, the following conditions must be true:

1. The storage account was deleted within the past 14 days
2. The storage account was created with the Azure Resource Manager deployment model
3. A new storage account with the same name has not been created since the original account was deleted
4. The user who is recovering the storage account must be assigned an Azure RBAC role that provides the Microsoft.Storage/storageAccounts/write permission

Before you attempt to recover a deleted storage account, make sure that the resource group for that account exists. If the resource group was deleted, you must recreate it. Similarly, if the deleted storage account used customer-managed keys with Azure Key Vault and the key vault has also been deleted, then you must restore the key vault before you restore the storage account.

To recover a deleted storage account from the Azure portal, follow the below steps:

1. Navigate to the list of your storage accounts in the Azure portal
2. Select the "Restore" button to open the "Restore deleted account" pane
3. Select the subscription for the account that you want to recover from the Subscription drop-down.
4. From the dropdown, select the account to recover, as shown in the following image. If the storage account that you want to recover is not in the dropdown, then it cannot be recovered.
5. Select the "Restore" button to recover the account. The portal should start to display a notification that the recovery is in progress.

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@mungi sai meghavardhan Welcome to Microsoft Q&A Forum, Thank you for posting your query here!
Adding more information to the above response
Note: If it is production data that got deleted, Recommended to reach out to Azure Support immediately. They may be able to recover the data if not too much time has elapsed.

If self-recovery is not possible, the Azure Storage product team can attempt to recover the data. However, recovery attempts are possible only if the following two conditions are met. If the recovery target has been re-created with the same name since it was deleted, you'll need to provide a new folder that we can use to restore the recovered data. You'll be responsible for merging back the data to the original location.

Additional information :
Self-recovery

If you have container or blob soft-delete enabled, you can recover the data if the data retention period has not expired. For step-by-step instructions, see:

• Restore soft-deleted file or blob
• Restore soft-deleted file system or container

Please let us know if you have any further queries. I’m happy to assist you further.   

 Please do not forget to "Accept the answer” and “up-vote” wherever the information provided helps you, this can be beneficial to other community members.