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

PRICING SUPPLEMENT NO. 21,

Dated April 25, 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. $150,000,000.   

Proceeds to Corporation:  $149,832,000

Underwriting Discount:  0.112%

Issue Price:  Variable Price Reoffer, initially at par.

Specified Currency:  U.S. Dollars.

Original Issue Date:  May 2, 1994.

Maturity Date:  May 2, 1997.

Interest Rate Basis:  Treasury Rate (as defined below).

Index Maturity:  Six Months.

Spread:  +20 basis points.

Initial Interest Rate:  The Treasury Rate determined one 
     Business Day prior to the Original Issue Date plus
     twenty basis points.

The Notes are offered by the Underwriter, as specified
herein, subject to receipt and acceptance by it and
subject to its right to reject any order in whole or in
part.  It is expected that the Notes will be ready for
delivery in book-entry form on or about May 2, 1994.

                    UBS SECURITIES INC.

Form:  Global Note.

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 up to the day for
     which accrued interest is being calculated with
     respect to any Note will be calculated by multiplying
     the face amount of such Note by the simple unweighted
     average of the bond equivalent yield of the weekly
     auction average of the Treasury Rate plus twenty
     basis points on the basis of the actual number of
     days in the applicable period divided by the actual
     number of days in the applicable year.

Interest Payment Dates:  The first Tuesday of each May and
     November, commencing November 1, 1994, provided that
     if any Interest Payment Date is not a Business Day,
     then interest will be paid on the next succeeding
     Business Day.

     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,
     without adjustment for changes in the Interest
     Payment Date if the scheduled Interest Payment Date
     is not a Business Day.

Interest Determination Date:  As specified in the 
     Prospectus Supplement.

Interest Reset Date:  As specified in the Prospectus 
     Supplement.

Calculation Date:  The earlier of (i) the fifth Business
     Day after each Interest Determination Date, or (ii)
     the Business Day next preceding the applicable
     Interest Payment Date.

Rate Cutoff Date:  Six Business Days prior to each 
     Interest Payment Date.  The interest rate for each
     day following the Rate Cutoff Date to the Interest
     Payment Date will be the rate prevailing on the Rate
     Cutoff Date.

Maximum Interest Rate:  Not Applicable.

Minimum Interest Rate:  Not Applicable.

Other Provisions:

     "Treasury Rate" means, with respect to any Interest
     Determination Date, the rate of the U.S. Treasury
     six-month Treasury bill auction results that appears
     on Telerate Page 57 (as defined below) in the column
     on such page titled "Average Investment Yield", as of
     3:00 p.m., New York City time.  If Telerate Page 57
     is no longer published, the "Treasury Rate" shall be
     as specified in the Prospectus Supplement.

     "Telerate Page 57" means the display page designated
     as page 57 on the Dow Jones Telerate Service (or such
     other page as may replace page 57 on that service for
     the purpose of displaying Treasury Rates).

Trustee, Registrar, Authenticating and Paying Agent: 
     The First National Bank of Chicago, under Indenture
     dated as of July 14, 1989 between the Trustee and the
     Corporation.


                       UNDERWRITING

     UBS Securities Inc. (the "Underwriter"), is acting as
     principal in this transaction.

     Subject to the terms and conditions set forth in a
     Terms Agreement dated April 25, 1994 (the "Terms
     Agreement"), between the Corporation and the
     Underwriter, and a 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., the
     Corporation has agreed to sell to the Underwriter,
     and the Underwriter has agreed to purchase,
     $150,000,000 principal amount of the Notes.

     Under the terms and conditions of the Terms
     Agreement, the Underwriter is committed to take and
     pay for all of the Notes, if any are taken.

     The Underwriter has advised the Corporation that it
     proposes to offer the Notes for sale from time to
     time in one or more transactions (which may include
     block transactions), in negotiated transactions or
     otherwise, or a combination of such methods of sale,
     at market prices prevailing at the time of sale, at

     prices related to such prevailing market prices or at
     negotiated prices.  The Underwriter may effect such
     transactions by selling the Notes to or through
     dealers, and such dealers may receive compensation in
     the form of underwriting discounts, concessions or
     commissions from the Underwriter and/or the
     purchasers of the Notes for whom they may act as
     agent.  In connection with the sale of the Notes, the
     Underwriter may be deemed to have received
     compensation from the Corporation in the form of
     underwriting discounts, and the Underwriter may also
     receive commissions from the purchasers of the Notes
     for whom they may act as agent.  The Underwriter and
     any dealers that participate with the Underwriter in
     the distribution of the Notes may be deemed to be
     underwriters, and any discounts or commissions
     received by them and any profit on the resale of the
     Notes by them may be deemed to be underwriting
     discounts or commissions.

     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 Underwriter that it intends to make a
     market in the Notes but is not obligated to do so and
     may discontinue any market making at any time without
     notice.  No assurance can be given as to the
     liquidity of the trading market for the Notes.

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