We present a $UBVI$ photometric study of the open clusters Berkeley 24 (Be 24) and Czernik 27 (Cz 27). The radii of the clusters are determined as 2farcm7 and 2farcm3 for Be 24 and Cz 27, respectively. We use the Gaia Data Release 2 (GDR2) catalogue to estimate the mean proper motions for the clusters. We found the mean proper motion of Be 24 as $0.35pm0.06$ mas yr$^{-1}$ and $1.20pm0.08$ mas yr$^{-1}$ in right ascension and declination for Be 24 and $-0.52pm0.05$ mas yr$^{-1}$ and $-1.30pm0.05$ mas yr$^{-1}$ for Cz 27. We used probable cluster members selected from proper motion data for the estimation of fundamental parameters. We infer reddenings $E(B-V)$ = $0.45pm0.05$ mag and $0.15pm0.05$ mag for the two clusters. Analysis of extinction curves towards the two clusters show that both have normal interstellar extinction laws in the optical as well as in the near-IR band. From the ultraviolet excess measurement, we derive metallicities of [Fe/H]= $-0.025pm0.01$ dex and $-0.042pm0.01$ dex for the clusters Be 24 and Cz 27, respectively. The distances, as determined from main sequence fitting, are $4.4pm0.5$ kpc and $5.6pm0.2$ kpc. The comparison of observed CMDs with $Z=0.01$ isochrones, leads to an age of $2.0pm0.2$ Gyr and $0.6pm0.1$ Gyr for Be 24 and Cz 27, respectively. In addition to this, we have also studied the mass function and dynamical state of these two clusters for the first time using probable cluster members. The mass function is derived after including the corrections for data incompleteness and field star contamination. Our analysis shows that both clusters are now dynamically relaxed
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