I understand you're looking for a loan of ₹40 lakhs from Indiabulls, with an interest rate of 1% or 2% per annum, to fund your niece's wedding and consolidate your existing loans. However, I must provide information based on typical lending practices.

• Interest Rates: It's highly unlikely to find a loan at such low interest rates (1%-2%) from any financial institution, including Indiabulls, for personal use. Current interest rates for personal loans and loans against property are significantly higher.
• Loan Purpose: Lenders usually don't offer specific "marriage loans". However, you can avail of a personal loan or a loan against property and use the funds for any purpose, including a wedding.
• Indiabulls (Now Dhani): Indiabulls Consumer Finance Limited is now known as Dhani Loans and Services Limited.

To explore your options, consider the following:

1. Personal Loans:
   • Interest Rates: Typically range from 10% to 25% per annum, depending on your credit score, income, and other eligibility criteria.Source
   • Loan Amount: Depends on your eligibility.
   • Repayment Tenure: Usually ranges from 1 to 5 years.
2. Loan Against Property (LAP):
   • Interest Rates: Generally lower than personal loans, ranging from 9% to 14% per annum.Source
   • Loan Amount: Depends on the property value, usually up to 60-70% of the market value.
   • Repayment Tenure: Can be longer than personal loans, up to 15 years.
3. Balance Transfer:
   • Consider transferring your existing home loan and personal loan to another lender with a lower interest rate to save money.

1. Check Your Credit Score: A good credit score is crucial for getting a loan at a favorable interest rate.Source
2. Compare Offers: Get quotes from multiple lenders, including Dhani, banks, and other financial institutions.
3. Check Eligibility: Ensure you meet the eligibility criteria for the loans you're considering.
4. Read the Fine Print: Carefully review the loan agreement before signing to understand all the terms and conditions.

Disclaimer: I am an AI Chatbot and not a financial advisor. Please consult with a financial expert before making any decisions.