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

PRICING SUPPLEMENT NO. 4,

Dated January 5, 1995, to
Prospectus, dated May 11, 1994, and
Prospectus Supplement, dated December 6, 1994.


                  THE CIT GROUP HOLDINGS, INC.
                     8.00% MEDIUM-TERM NOTES
           DUE NINE MONTHS OR MORE FROM DATE OF ISSUE


(X) Senior Note               ( ) Senior Subordinated Note

Principal Amount:  U.S. $100,000,000.

Proceeds to Corporation:  99.897%.

Underwriting Discount:  0.103%.

Issue Price:  Variable Price Reoffer, initially at par.

Original Issue Date:  January 12, 1995.

Maturity Date:  January 13, 1997.

Interest Rate Per Annum:  8.00%.

Interest Payment Dates:  Each January 12 and July 12,
     commencing July 12, 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.

Form:  Global Note.

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
January 12, 1995.

                    CHEMICAL SECURITIES INC.

Specified Currency:  U.S. Dollars.

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


                          UNDERWRITING

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

     Subject to the terms and conditions set forth in a Terms
     Agreement dated January 5, 1995 (the "Terms Agreement"),
     between the Corporation and the Underwriter, and a Letter
     Agreement dated January 5, 1995, between the Corporation and
     the Underwriter, incorporating the terms of 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 the Underwriter, and the
     Underwriter has agreed to purchase, the aggregate principal
     amount of the Notes equal to $100,000,000.

     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 it 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 it 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.

     For purposes of Schedule E to the By-Laws ("Schedule E") of
     the National Association of Securities Dealers, Inc. (the
     "NASD"), the Underwriter is an affiliate of the Corporation. 
     When an NASD member, such as the Underwriter, participates
     in the distribution of an affiliated company's securities,
     the offering must be conducted in accordance with the
     applicable provisions of Schedule E.  The offer and sale of
     the Notes by the Underwriter will comply with the
     requirements of Schedule E regarding the underwriting of
     securities of affiliates.

     This Pricing Supplement and the accompanying Prospectus and
     Prospectus Supplement may be used by affiliates of the
     Corporation in connection with offers and sales related to
     secondary market transactions in the Notes.  Such affiliates
     may act as principal or agent in such transactions.  Such
     sales will be made at prices related to prevailing market
     prices at the time of sale.