Stream Control Transmission Protocol (SCTP) exploits multiple network interfaces to provide multi-streaming and data chunk ordering in a stream. An extended feature of SCTP, i.e., Concurrent Multi-path Transfer (CMT), bids concurrent data transmission in a multi-path data transfer environment and guarantees bandwidth aggregation, load sharing, robustness, and reliability. In such an environment, the paths usually have distinct characteristics (i.e., delay, Packet Loss Rate (PLR), and bandwidth). Thus, data chunks are received out-of-ordered at the destination. As a result, CMT causes excessive receiver buffer blocking and unnecessary congestion window (cwnd) reductions. Also, during the selection of the retransmission destination path (to resend a lost data chunk), CMT does not take into account vital Quality of Service (QoS) parameters such as the PLR of a path under consideration. This paper introduces a new Delay-Based Concurrent Multi-path Transfer (DB-CMT) approach that transmits data on multiple paths according to their delay. In this scheme, we present a Delay-Based Data chunk Scheduling Policy (DB-DSP), a Retransmission Path Selection Policy (RTX-CL), and a new Delay-Based Fast Retransmission Policy (DB-FRP). The simulation results show that the DB-CMT’s RTX-CL policy performs better than the well-known RTX-CWND and RTX-LOSSRATE retransmission schemes. Also, the overall performance of DB-CMT witnesses improved throughput, fewer timeouts, and reduced File Transfer Time (FTT) performances.