Error with .htaccess and mod_rewrite

I'm trying to host a php based application with the following .htaccess values.

Options +FollowSymLinks
Options -Indexes
DirectoryIndex index.php

RewriteEngine On
RewriteBase /easydeposit
RewriteCond %{REQUEST_FILENAME} !-f
RewriteCond %{REQUEST_FILENAME} !-d
RewriteRule ^(.*)$ index.php/$1 [L]

However, I keep facing the following two errors,

[access_compat:error] [pid 25330:tid 27] AH01797: client denied by server configuration: /home/abc/opt/apache/htdocs/xyz/system/
[access_compat:error] [pid 25330:tid 27]  AH01797: client denied by server configuration: /home/abc/opt/apache/htdocs/xyz/private/
[access_compat:error] [pid 25330:tid 27] AH01797: client denied by server configuration: /home/abc/opt/apache/htdocs/xyz/application/
[authz_core:error] [pid 25330:tid 27]  AH01630: client denied by server configuration: /home/abc/opt/apache/htdocs/xyz/.htaccess

I'm not sure why this is happening. Any help is appreciated.