Rule 424(b)(3)
                                   Registration Statement
                                   No. 33-58418

PRICING SUPPLEMENT NO. 15,

Dated March 8, 1994, to
Prospectus, dated March 25, 1993, and Prospectus Supplement,
dated March 25, 1993.

                 THE CIT GROUP HOLDINGS, INC.
                MEDIUM-TERM FLOATING RATE NOTES
          DUE NINE MONTHS OR MORE FROM DATE OF ISSUE


(X) Senior Note               ( ) Senior Subordinated Note

Principal Amount:  U.S. $56,000,000.    

Proceeds to Corporation:  99.90%.

Agent's Fee:  0.10%.

Issue Price:  100%.

Original Issue Date:  March 15, 1994.

Maturity Date:  March 15, 1997, provided that if such day is 
     not a Business Day, the payment of principal and interest
     may be made on the next succeeding Business Day, and no
     interest on such payment will accrue for the period from
     and after the Maturity Date.

Interest Rate Basis:  LIBOR-Telerate.

Index Maturity:  Three months.

Interest Rate Calculation:
     (a)  From and including Original Issue Date to and
          including March 14, 1995, LIBOR plus 10 basis points;
     (b)  From and including March 15, 1995 to and including
          March 14, 1996, the lesser of (i) LIBOR plus 10 basis
          points or (ii) 18.85% minus (LIBOR multiplied by
          two); and
     (c)  From and including March 15, 1996 to and including
          March 14, 1997, the lesser of (i) LIBOR plus 10 basis
          points or (ii) 21.85% minus (LIBOR multiplied by
          two).

              THE FIRST NATIONAL BANK OF CHICAGO



Initial Interest Rate:    LIBOR determined two London 
     Business Days prior to the Original Issue Date plus 10
     basis points.

Specified Currency:  U.S. Dollars.

Form:  Global Note.

Interest Reset Date:  The 15th day of each March, June, 
     September, and December, commencing June 15, 1994,
     provided that if any such day is not a Business Day, the
     Interest Reset Date will be the next succeeding Business
     Day, except that if such Business Day is in the next
     succeeding calendar month, such Interest Reset Date will
     be the immediately preceding Business Day.

Accrual of Interest:  Accrued interest from the Original 
     Issue Date or from the last date to which interest has
     been paid or duly provided for with respect to any Note
     will be calculated by multiplying the face amount of such
     Note by an accrued Interest Factor.  This accrued Interest
     Factor will be computed by adding the Interest Factors
     calculated for each day from the Original Issue Date or
     from the last date to which interest has been paid or duly
     provided for up to the day for which accrued interest is
     being calculated.  The "Interest Factor" for any Note for
     each such day will be computed by dividing the interest
     rate applicable to such day by 360.

     Interest payments will include the amount of interest
     accrued from and including the most recent Interest
     Payment Date to which interest has been paid (or from and
     including the Original Issue Date) to but excluding the
     applicable Interest Payment Date.

Interest Payment Dates:  The 15th day of each March, June, 
     September, and December, commencing June 15, 1994,
     provided that if any such day is not a Business Day, the
     Interest Payment Date will be the next succeeding Business
     Day, except that if such Business Day is in the next
     succeeding calendar month, such Interest Payment Date will
     be the immediately preceding Business Day.

Interest Determination Date:  Two London Business Days 
     prior to each Interest Reset Date.

Calculation Date:  The earlier of (a) the Business Day 
     immediately preceding the applicable Interest Payment Date
     or the date on which the Note will mature, or (b) the



     tenth calendar day after an Interest Determination Date,
     provided such day is a Business Day, or, if such day is
     not a Business Day, the next succeeding Business Day.

Maximum Interest Rate:  Not applicable.

Minimum Interest Rate:  0.00%.

Other Provisions:

     "LIBOR-Telerate" means the rate for deposits in U.S.
     dollars having the Index Maturity specified above which
     appears on the Telerate Page 3750 (defined below) as of
     11:00 a.m., London time, on the applicable Interest
     Determination Date.

     "Telerate Page 3750" means the display page designated as
     page 3750 on the Dow Jones Telerate Service (or such other
     page as may replace page 3750 on that service for the
     purpose of displaying London interbank offered rates).

     "London Business Day" means any day on which dealings in
     U.S. dollars are transacted in the London interbank
     market.

Trustee, Registrar, Authenticating and Paying Agent: 
     Harris Trust and Savings Bank, under Indenture dated as of 
     July 16, 1990, between the Trustee and the Corporation.



                     PLAN OF DISTRIBUTION


     The First National Bank of Chicago (the "Agent"), is
     acting as agent in this transaction, subject to the terms
     and conditions set forth in a Letter Agreement dated March
     8, 1994 between the Corporation and the Agent, which
     incorporates by reference the Selling Agency Agreement
     dated March 25, 1993 between the Corporation and Merrill
     Lynch & Co., Merrill Lynch, Pierce, Fenner & Smith
     Incorporated, The First Boston Corporation, Goldman, Sachs
     & Co., Morgan Stanley & Co. Incorporated, Shearson Lehman
     Brothers Inc. (currently known as Lehman Brothers Inc.),
     and UBS Securities Inc., including the Administrative
     Procedures annexed thereto.

     The Notes are a new issue of securities with no
     established trading market.  The Corporation currently has
     no intention to list the Notes on any securities exchange. 



     The Corporation has been advised by the Agent that the
     Agent does not intend to make a market in the Notes.  No
     assurance can be given as to the liquidity of the trading
     market for the Notes.

     The Corporation has agreed to indemnify the Agent against
     certain liabilities, including liabilities under the
     Securities Act of 1933, as amended.