Hi Dilip, the error message that shows up for you is true.
You are not in a serviceable city currently.
Do check this image if it helps
Also do retry on another address if you plan to move anytime soon 
Suggestion for whoever is having location issue with Jupiter. You can try Fi Money. I have just successfully opened Fi Money for my wife and it had no delivery or location issue, whereas Jupiter doesn’t serve my area. And since both uses same Federal Bank as their banking partner, Banking features are almost similar. I hope Jupiter expands to more places in coming years. But this is the solution as of now.