Creating Easy Banana Pudding is straightforward with these simple steps:

1. Whisk Ingredients Together: In a large bowl, combine the cold milk and instant pudding mix. Whisk until smooth and thickened, about 2 minutes.
2. Add Sweetened Condensed Milk: Slowly fold in the sweetened condensed milk and vanilla extract into the pudding mixture until well combined.
3. Incorporate Whipped Topping: Gently stir in the whipped topping until the mixture is creamy and uniform in texture.
4. Layer the Pudding: In a 9×13 inch dish, layer the bottom with vanilla wafers. Follow with a layer of banana slices, and then spread a portion of the pudding mixture on top. Repeat until all ingredients are used, ending with the pudding layer.
5. Chill: Cover the dish with plastic wrap and refrigerate for at least 2 hours. This allows the flavors to meld and the wafers to soften.

Each step is crafted to make the preparation process simple yet effective.