We present the magnetic and physical properties of the new Pr2AgSi3 polycrystalline compound. The sample was synthesized by arc-melting method and crystallizes in the tetragonal α-ThSi2 structure with centrosymmetric space group I41/amd. The magnetic susceptibility, specific heat and electrical resistivity measurements indicate a bulk ferromagnetic ordering below the transition temperature Tc ≈ 13 K. An irreversibility behavior is observed in the temperature dependence of the dc-magnetization with the zero-field-cooled curve.