Plant-derived foods with therapeutic potential have strong connection with both the pharmaceutical and nutraceutical industries. The effectiveness of these therapeutic properties is heavily influenced by the thermal treatment during drying and extraction methods. Traditional convective drying is a very energy incentive and lengthy process. Although some advanced and hybrid drying methods have been developed, these have not been applied in drying of banana inflorescence. In this study, we investigated the effects of freeze-drying (FD) and intermittent microwave convective drying (IMCD), as well as traditional convective oven drying (CD), on the polyphenol profile of banana inflorescence when extracted using the energy-efficient Accelerated Solvent Extraction method (ASE). Our findings revealed that the freeze-dried banana inflorescence powder exhibited the highest extraction of bioactive compounds when using 75% methanol at 100 °C as a solvent. It recovered 2906.3 ± 20.83 mg/100 g of the phenolic compounds and 63.12 ± 0.25% antioxidant activity under the optimal extraction conditions. While IMCD was found to be the second-best drying method in terms of preserving bioactive compounds, its operational time and cost were significantly lower compared to freeze-drying. Furthermore, our study confirmed the presence of medicinal compounds such as gallic acid, protocatechuic acid, caffeic acid, coumaric acid, catechin, ferulic acid, kaempferol, and quercetin in banana inflorescence. The development of innovative functional foods and pharmaceutical ingredients through green extraction methods and optimal drying conditions holds significant potential to save energy in the process, enhance human health, and promote environmental sustainability and circular economy processes. These efforts align with supporting Sustainable Development Goals (SDGs) 3 and 12.