Power of attorney on vehicles

you should ideally gift him the bike and further get it registered in his name

You can go by the option suggested by Mr. Rit Arora.

Hi, 

Thank you for your replies. The bike is very new. Since my father is above 60 he cannot get loan. So, I have taken the loan and the bike got registred in my name.Since, the bike is on loan I hope i cannot gift him unless i close the loan. So thought of providing POA until the loan gets closed. Please advise 

Let your father buy it and clear the loan.