Using a stand mixer or a hand mixer, blend together the eggs, oil and sugar until the sugar has dissolved and the eggs are whipped. Add the milk and pandan extract and continue blending.
Add in flour and baking powder and blend to a smooth batter.
Pour the batter into the prepared pan and cover with foil.
Close the lid and select PRESSURE COOK on HIGH for 20 minutes. Allow the pot to rest undisturbed for 10 minutes, and then release all remaining pressure.
Remove the cake pan, allow it to cool for 10 minutes then remove the cake from the bundt pan.
Make sure to allow the cake to cool before trying to remove it from the pan.