What is the solution here if I want to open specific section in device settings without taking a chance of my app getting rejected while submission process?
You present a message that says "go to the Passwords section of the Settings app". Most users can manage to do that without tripping over their own shoelaces.
Sure, a button that goes directly there would be nice, but it's not going to happen. In practice, apps don't seem to be rejected for doing this using the private URL scheme - and a rejection is not the end of the world. Your choice.
Topic:
App & System Services
SubTopic:
General