This study investigated the impact of drying temperature on the physicochemical and mechanical properties of banana pseudostem fibers sourced from the Cordoba region in Colombia. Banana fibers (BFs) were extracted through mechanical decortication from the banana pseudostem (BP) of the plant and subsequently oven-dried at temperatures of 40 °C and 90 °C. Six mathematical models were employed to analyze the drying behavior of the fibers. The density of the BFs was determined using the apparent density method, and their chemical composition was evaluated via bromatological analysis. Fiber diameter was measured using optical microscopy (OM). The BF samples were characterized by scanning electron microscopy (SEM), Fourier transform infrared spectroscopy (FTIR), thermogravimetric analysis (TG), contact angle measurements, and tensile testing. The results indicated that noncellulosic materials were removed from the fibers when dried at 90 °C, as evidenced by alterations in thermal degradation and fiber surface morphology observed through TG and SEM, suggesting a reduction in lignin content. While drying temperature did not affect fiber stiffness or ductility, a correlation with fiber diameter was noted. Thinner fibers, ranging from 148 to 250 μm, exhibited increased tensile strength and Young’s modulus, attributed to a more compact microfibril arrangement.