Rule 424(b)(3)
                              Registration Statement
                              No. 33-52685

PRICING SUPPLEMENT NO. 11,

Dated November 3, 1994, to
Prospectus, dated May 11, 1994, and
Prospectus Supplement, dated May 11, 1994.


                  THE CIT GROUP HOLDINGS, INC.
                    7.125% MEDIUM-TERM 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:  99.643%.

Underwriting Discount:  0.250%.

Issue Price:  99.893%.

Original Issue Date:  November 10, 1994.

Maturity Date:  November 15, 1996.

Interest Rate Per Annum:  7.125%.

Interest Payment Dates:  Each May 15 and November 15,
     commencing May 15, 1995, provided that if any such day is
     not a Business Day, the payment will be made on the next
     succeeding Business Day as if it were made on the date such
     payment was due, and no interest will accrue on the amount
     payable for the period from and after such Interest Payment
     Date or the Maturity Date, as the case may be.
     
     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.

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
November 10, 1994.

                       MERRILL LYNCH & CO.
       DONALDSON, LUFKIN & JENRETTE SECURITIES CORPORATION
                    PAINEWEBBER INCORPORATED
               PRUDENTIAL SECURITIES INCORPORATED



Form:  Global Note.

Specified Currency:  U.S. Dollars.

Trustee, Registrar, Authenticating and Paying Agent: 
     PNC Bank, National Association, under Indenture dated as of
     May 1, 1994 between the Trustee and the Corporation.


                          UNDERWRITING

     Merrill Lynch & Co., Merrill Lynch, Pierce, Fenner & Smith
     Incorporated, Donaldson, Lufkin & Jenrette Securities
     Corporation, PaineWebber Incorporated, and Prudential
     Securities Incorporated (the "Underwriters"), are acting as
     principals in this transaction.

     Subject to the terms and conditions set forth in a Terms
     Agreement dated November 3, 1994 (the "Terms Agreement"),
     between the Corporation and the Underwriters, and a Selling
     Agency Agreement, dated May 12, 1994, between the
     Corporation and Lehman Brothers, Lehman Brothers Inc., CS
     First Boston Corporation, Goldman, Sachs & Co., Merrill
     Lynch & Co., Merrill Lynch, Pierce, Fenner & Smith
     Incorporated, Morgan Stanley & Co. Incorporated, and UBS
     Securities Inc., the Corporation has agreed to sell to each
     of the Underwriters, and each of the Underwriters has
     severally agreed to purchase, the principal amount of Notes
     set forth opposite its name below:

                                                Principal Amount
               Underwriter                      of the Notes    
               -----------                      ----------------

     Merrill Lynch, Pierce, Fenner & Smith        $ 37,500,000
        Incorporated
     Donaldson, Lufkin & Jenrette
        Securities Corporation                      37,500,000
     PaineWebber Incorporated                       37,500,000
     Prudential Securities Incorporated             37,500,000
                                                  ------------
          Total                                   $150,000,000

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

     The Underwriters may effect 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 Underwriters and/or the
     purchasers of the Notes for whom they may act as agent.  In
     connection with the sale of the Notes, the Underwriters may
     be deemed to have received compensation from the Corporation
     in the form of underwriting discounts, and the Underwriters
     may also receive commissions from the purchasers of the
     Notes for whom they may act as agent.  The Underwriters and
     any dealers that participate with the Underwriters 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 Underwriters that they
     intend to make a market in the Notes but are 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 Underwriters
     against certain liabilities, including liabilities under the
     Securities Act of 1933, as amended.