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Microsoft Office Interop is not recommended to be used on server side. You can use some other third party libraries like Free Spire.XLS to read excel.
https://www.nuget.org/packages/FreeSpire.XLS/
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Changing the security settings in your above screenshot may help you. Go to Security tab and add add the user who is trying to call the application, by clicking on Cstomize button. Doing this will help you to understand, whether it is a permmission issue or something else.