Concurrent Multipath Transfer (CMT) uses multi-homing feature of Stream Control Transmission Protocol (SCTP) to transfer data concurrently over the multiple paths. CMT provides bandwidth aggregation, fault tolerance, and reliability in multipath data transfer. In multipath data transmission, each path has different delay and bandwidth. Therefore, destination receives unordered data which causes receiver buffer blocking and unwanted congestion window (cwnd) reduction. Both the problem degrades the CMT performance significantly. Thus, this paper proposes a new delay-based fast retransmission policy to adjust the transmission rate of each path according to path delay. Simulation results show that the proposed approach achieves better throughput, reduces the number of the timeout and improves the cwnd growth. The proposed approach improved throughput up to 16% in variable packet loss and 18% in variable network delay environment.