The formation, characterization and application of polyvinylpyrrolidone (PVP) encapsulated silver nanoparticles with regular rippled pattern is reported. The metal precursor was reduced by an in-situ reduction technique, where organic and mild reducing agent glucose was used to have control over the process. In order to have a rippled structured of the film by molecular self organization of the encapsulated Ag nanoparticles, an optimization of the concentrations of the reactants has been done. The structural properties of the deposited films were established by X-Ray diffraction, transmission electron microscopy, atomic force microscopy and dynamic light scattering techniques. Atomic force microscopy (AFM) revealed highly ordered ripple structure of the film originated due to self organization of the Ag nanoparticles in the PVP matrix, whereas, Transmission electron microscopy (TEM) revealed core-shell structure of the Ag/PVP unit. UV-Vis spectrophotometric analysis resulted in a broad absorption peak within 350 to 500 nm (centered at 418 nm), characteristic for Ag nanoparticles.Notable lowering in reflectance and increase in transmittance, leading to an enhancement in overall efficiency were observed when such rippled pattern was spin coated on a c-Si solar cell.