Green synthesis of metal nanoparticles by using plant extracts is an environment-friendly, cost-effective and sustainable method. In our experiment, plant extracts of Livistona jekinsiana and Lasia spinosa were used in the synthesis of Ag NPs for the first time. Due to the high antioxidants contained and the traditional therapeutic applications of the mentioned plants, they were selected as ideal reducing and capping agents in the synthesis of Ag NPs. The synthesis of the Ag NPs was preliminarily confirmed by UV-Visible spectra of the synthesized NPs. The Fourier transform infrared (FTIR) spectra indicated the presence of -OH, C=C, -CN, -CH, etc. functional groups of phytocompounds on the surface of NPs. XRD patterns of Ag NPs revealed the FCC structure of the Ag NPs. FESEM and HRTEM micrographs determined the spherical shape and uniform size of the Ag NPs. EDX analysis confirmed the purity of Ag NPs. Higher negative values of zeta potential revealed the higher stability of the NPs. The NPs exhibited potential antimicrobial activity against Gram-positive bacteria Staphylococcus aureus (ATCC 11682), Gram-negative bacteria Escherichia coli (ATCC 11229), Pseudomonas aeruginosa (MTCC 2582), and fungi Candida albicans (MTCC 3017). Ag NPs also showed antioxidant activity, anti-inflammatory activity, and drug delivery ability with good results. The photocatalytic activity of Ag NPs was examined by the degradation of nitro compounds in the presence of sunlight. The kinetics of the photodegradation and reusability of the Ag NPs were also studied.