Place the wet and dry ingredients in the order required by your bread machine.
Close the lid and select the 'Basic' cycle, 1.5 lb size, and the preferred crust setting to 'medium'.
The bread will be ready once the cycle completes.
Remove the loaf by inverting the pan and shaking it.
Place the bread on a cooling rack and allow it to cool down.
Once the bread has cooled down completely, slice it with a serrated bread knife or an electric knife.
For oven baking, place the wet and dry ingredients in the order required by your bread machine and select the 'dough' cycle.
Once the cycle completes, remove the dough from the pan and shape it into a log of 8 inches in length.
Place it in the bread baking pan (9 by 5 inches) and allow it to rise for about 45-50 minutes until it doubles in volume.
Cover with a food wrap or a kitchen towel so that it does not dry up.
Once it has doubled in volume, preheat the oven to 350 °F.
Remove the food wrap gently and then place the pan in the oven.
Bake for about 20 minutes or until the crust is golden brown in color.
Transfer it to a cooling rack and allow it to cool down completely before slicing.