Hi @Nirali22,
Welcome to the Community!
The Excellent, Good, Fair, and Low options for password policy are based on OWASP and NIST recommendations and standards for strong passwords.
It is advised to use a Good or Excellent password policy to help protect user accounts. However, you can achieve the password policy you have described by dragging the selected policy to Low and updating the character length. Users will still be allowed to use upper and lowercase, special characters, and numbers, but it will not be required.
