"England has been fined for maintaining a slow over-rate against India during the second One-Day International in Cuttack on Thursday," the ICC said in a statement.
Andy Pycroft of the Emirates Elite Panel of ICC Match Referees imposed the fine after Morgan's side was ruled to be one over short of its target when time allowances were taken into consideration.
As such, Morgan has been fined 20 per cent of his match fee, while his players have received 10 per cent fines. Morgan pleaded guilty to the offence and accepted the proposed sanction, so there was no need for a formal hearing.
The charge was laid by on-field umpires Anil Chaudhary and Ruchira Palliyaguruge, third umpire Kumar Dharmasena and fourth official Nitin Menon.