After merging SRTM DEM tiles into 1 raster layer, the layer has no visible join lines on the map canvas as below. Multiply blending mode has been applied
However, when viewed in Layout, there is a visible line as below
This is not visible if normal blending mode is applied to the layer. I'm using QGIS 3.28.5
Well an not directly an answer, but solves the issue. The line isn't shown when exported as a png file.