Press SAUTE mode on Instant Pot. Add ghee and once it's hot add Bay leaf,cinnamon stick ,cardamom and cloves.*Vegans can use oil instead of ghee
Then add sliced onions, green chillies,ginger-garlic paste.Saute for 2-3 minutes until they turn light brown in color -stir regularly.
Add mint, coriander leaves, curd, turmeric powder , red chilli powder, biryani masala powder and fried paneer and mix well.
Add rinsed Basmati Rice,water,salt and give a stir .
Press CANCEL button on Instant Pot.
Close the lid on the pot, and turn valve from VENTING to SEALING position.
Set the pot to MANUAL/PRESSURE COOK (High Pressure) and set timer to 5 minutes
Wait for NATURAL PRESSURE RELEASE(NPR) (Wait until silver button on lid drops).BE CAREFUL OF THE HOT STEAM.
Squeeze some lime juice ,mix well and Paneer Biryani is ready serve with Onion Raita or plain yogurt.