A novel approach of instant decompression‐induced swell drying also known as instant controlled pressure drop‐hot air dried (ICPD‐HAD) process was applied for the process performance and quality enhancement of dried banana slices. Using a hybrid approach of particle swarm embedded methodology, the process parameters treatment pressure (TP), treatment time (TT), and duration of decompressed State (DDS) were optimized for various responses including drying time (DT), browning index (BI), rehydration ratio (RR), and total antioxidant activity (TAA). The optimized process conditions were found to be 0.1 MPa of TP, 25 s of TT, and 12 s of DDS for a minimum DT of 225 min and, maximum BI, RR, and TAA, of 6.20%, 3.40%, and 98.78% respectively. The results also demonstrated that the dried banana samples produced by the ICPD‐HAD method exhibited superior quality in terms of minimal DT and BI and maximum TAA and RR compared to those produced by the vacuum and hot air drying techniques. Microstructural investigation demonstrating the superiority of ICPD‐induced samples provided additional evidence for the minimum DT requirement. Furthermore, the use of an artificial neural network was employed to investigate the drying kinetics of the novel instant decompression‐induced swell drying process. With R2 greater than 0.99 and a minimum mean square error (MSE) of 0.000131, the 2‐4‐1 artificial neural network (ANN) architecture performed admirably as a means of optimal simulation and robust control of the drying process.Practical applicationsInstant decompression‐induced swell drying also known as ICPD‐HAD process is a novel approach for the drying of banana sample with enhanced process performance and quality attires. It is common for banana drying to cause loss of total antioxidant activity and other important functional properties like color and texture. This issue can be solved and process performance can be enhanced with less energy use by employing an innovative swell drying technique triggered by instant decompression. Therefore, the dried banana samples made using this cutting‐edge technique will be advantageous from a health point of view. This method can be used by the food manufacturing sector to produce dried bananas of a higher quality and greater consumer acceptance.