Wash the rice and keep it aside.
Add the oil and one tablespoon of butter to the inner pot and press the saute function, adjust to low setting.
Add the bay leaves, cinnamon sticks and cloves, lightly fry for about a minute.
Add the crushed garlic and ginger also to the pot, mix well and saute for another 2 to 3 minutes until the ginger and garlic are lightly fried.
Add the rice also to the pot, add the remaining one tablespoon of butter and lightly fry the rice for another 2 minutes. Press the 'keep warm/cancel' button so the sauteing function will stop.
Add the water and also 2 tablespoons of lime juice (make sure to use filtered lime juice without seed, mix everything well.
Close the instant pot with lid in sealing position and press the manual, cook in high pressure for 5 minutes. It will take a few minutes for the instant pot to build up enough pressure, after which the pot will start cooking. Once the cooking is done, the pot will beep so you will have to wait until then.
Once the cooking is done and the instant pot beeps, press the 'keep warm/cancel' button and wait for the instant pot to naturally release all the pressure which will take another few minutes of time.
Meanwhile in a bowl, mix together the 1.5 cups of chopped cilantro leaves (may adjust the amount based on your preference) and remaining 2 tablespoons of filtered lime juice. Keep this cilantro lime mixture aside.
Once the pressure is all naturally released (may do a careful manual release of pressure after an NPR or natural pressure release of about 15 minutes), carefully open the lid by turning it in venting position.
Add the cilantro lime mixture also to the cooked rice, and gently mix the rice using a good quality spatula or fluff using a fork until the rice is evenly mixed with the cilantro lime mixture. If you do not do the mixing properly, some parts of rice will be less flavored, so make sure to mix the rice evenly with the cilantro lime juice mixture. I recommend keep this closed for another couple of minutes so that the flavors will nicely blend in making it even more delicious. This cilantro lime rice has a light lime flavor, if you wish for more of the lime flavor, you can add little more filtered lime juice and mix it up!
Garnish the rice with chopped cilantro leaves, serve hot with any curry or sides of your choice!