Combine all ingredients except flour and chips into a bowl. Mix until well combined.
Next mix in all the flour. And add the chocolate and white chips if using. Note the batter will be thick.
Grease a 7-inch round or Bundt pan, and pour batter in evenly. Cover the top tightly with foil.
Pour the minimum amount of water for your model Instant Pot into the inner liner.
Add in the rack and pan. Cook on high pressure for 50-minutes then follow with a 20-minute natural pressure release.
Remove to a wire rack to cool for 10-minutes then remove from pan. Allow the banana bread to finish cooling on the wire rack.
Serve immediately, or store in an airtight container for up to one week. Can be frozen for up to 4 months then thawed on counter or in the refrigerator.
If your bananas are overly large and exceed one-cup of mashed banana it may take longer to cook your Instant Pot Banana Bread until it is completely cooked.If you just bought your bananas and they aren't ripe there isn't any reason to worry. You can ripen bananas quickly in the oven. Preheat the oven to 300-degrees then cook them for 15-20 minutes or until the skins are black all over. The fruit inside will taste just like ripened bananas.To make these in silicone egg bite trays follow the recipe above but cook for 40-minutes on high pressure followed with a 10-minute natural pressure release. Be sure to grease the molds and fill up to a ¼-inch or so from the top to allow for rising.Add the minimum amount of water to your Instant Pot.