Zimbabwe was found three over short of its target at the end of Tuesday’s match against Pakistan, a statement issued by ICC said.
ICC remote match referee Roshan Mahanama, while handing Chigumbura two match suspension, also penalised each of Zimbabwe's players 40 per cent of their match fee.
The suspension came after the Zimbabwe captain pleaded guilty to charges levelled by on-field umpires Aleem Dar and Russell Tiffin, third umpire Ahmed Shahab and reserve umpire Shozab Raza.
Read: 1st ODI: Pakistan beat Zimbabwe by 41 runs - everything as it happened
On Tuesday, Pakistan beat Zimbabwe by 41 runs in the first ODI of the three-match series at Gaddafi stadium, Lahore. Chigumbura also scored his maiden century during the match.
Zimbabwe is the first team to tour Pakistan since the attack on the Sri Lankan team in Lahore in 2009.
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