Dear Varun,
Yes, there's a payment of fees to accept the seat after the seat allotment process. You have to visit the zonal IIT for verification of documents and paying the fees. The fee is:
For general category and OBC:
Rs. 35,000 /-
For SC/ST:
Rs. 15,000 /-
You can pay the fees by internet banking, debit/credit card and nearest bank branch to you.
I hope that'll help you, Best of luck for your further career prospects.
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile