The senior pacer was fined 15 per cent of his match fee, besides being given one demerit point.
The incident occurred on Day 2 of the ongoing Test match between England and India at Nottingham.
Broad gave a send-off to Rishabh Pant and was involved in a verbal exchange.
Broad breaches ICC Code of Conduct
Why was Broad fined?
Broad breached Article 2.1.7 of the ICC Code of Conduct for Players and Player Support Personnel, which relates to "using language, actions or gestures which disparage or which could provoke an aggressive reaction from a batsman upon his/her dismissal during an International Match."
Broad went up to Pant and spoke aggressively
This was Broad's first offense since the revised code was introduced by the ICC in September 2016.
The incident took place during the 92nd over of India's first innings.
Broad had dismissed Pant and then walked towards him and spoke in an aggressive manner.
This could have provoked the batsman to retaliate.
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Broad accepts the charge
Broad has accepted the sanctions imposed on him by Jeff Crowe of the Emirates Elite Panel of ICC Match Referees. The charges were levelled by the on-field match officials Marais Erasmus and Chris Gaffaney.
Where do England stand and how has Broad fared?
Chasing 521 runs, England finished at 311/9 at stumps on Day 4.
India are one wicket away from registering a win.
England lead the 5-match series 2-0.
Broad, who failed to pick up a wicket in the second innings, had taken 3/72 in the first.
He took the wickets of Pant, Ashwin and Rahane.
He hit 20 runs in England's 2nd innings.