Payment Instructions for Arbitrators’ Fees and Administrative Costs:

To facilitate payments for arbitrators’ fees and administrative costs, we offer multiple payment methods for your convenience.
Payment by Pay Order/Demand Draft/Online through payment gateway:

Please make the payment instrument (Pay Order/Demand Draft/) payable to “Delhi Arbitration Centre” and ensure it is drawn in favor of the “Delhi Arbitration Centre.” These instruments should be payable at New Delhi. Along with your payment, include a covering letter providing essential details of the case, such as the DAC Case reference Number, names of the parties involved, and the purpose for which the fees are being deposited.

Payment by RTGS/NEFT:

For those preferring electronic transfers, you can make payments through RTGS (Real-Time Gross Settlement) or NEFT (National Electronic Funds Transfer) using the following account details:
Account Name: DELHI ARBITRATION CENTRE
PAN No.: AABAD1768Q
Bank Name: PUNJAB AND SIND BANK
Branch: VIKASPURI
Bank Account No.: 09271100009964
IFSC Code: PSIB0000927
Nature of Account: Current Account
When making a payment through RTGS/NEFT, kindly notify DAC either through a formal letter or email. The communication should include the date of the transfer and the UTR (Unique Transaction Reference) or Transaction Number/ID. Furthermore, ensure you mention pertinent case details, such as the DAC Case reference Number, the names of the parties involved, and the purpose for which the fees are being remitted in your letter or email.

Please note that failure to inform DAC about RTGS/NEFT deposits may result in non-recognition of the payment of fees and administrative costs.

These payment options are designed to offer flexibility and ease in handling financial transactions related to arbitration/Mediation proceedings.