PROSPECTUS             Pricing Supplement No. 1823
Dated July 12, 1993    Dated March 28, 1994
PROSPECTUS SUPPLEMENT  Rule 424(b)(3)-Registration Statement
                                No. 33-58506
Dated July 12, 1993    Rule 424(b)(3)-Registration Statement
                                No. 33-58508
                       

              GENERAL ELECTRIC CAPITAL CORPORATION
                    GLOBAL MEDIUM-TERM NOTES
                      (Floating Rate Notes)

Series:  A X    B __    C __          Trade Date:  March 28, 1994

Principal Amount (in Specified Currency):  US$30,000,000

Settlement Date (Original Issue Date): April 4, 1994

If Specified Currency is other than U.S. dollars,
equivalent amount in U.S. dollars: N/A 

Maturity Date: January 4, 1996

Agent's Discount or Commission: 0.00%

Price to Public (Issue Price):  100%

Net Proceeds to Issuer (in Specified Currency): US$30,000,000

Interest Rate:
  Interest Calculation:
  X  Regular Floating Rate
  __ Inverse Floating Rate
     (Fixed Interest Rate): 
  __ Other Floating Rate                   
       (as described below under "Additional Terms")

  Interest Rate Basis:
  __ CD Rate   __ Commercial Paper Rate   __ Federal Funds Rate
  X  LIBOR (Telerate)  __ Prime Rate
  __ Other (as described below under "Additional Terms")

  Spread (Plus or Minus):  +.1250%
  Spread Multiplier:  N/A

  Index Maturity:  3 Months
  Index Currency: US dollar


CAPITALIZED TERMS USED IN THIS PRICING SUPPLEMENT WHICH ARE DEFINED
IN THE PROSPECTUS SUPPLEMENT SHALL HAVE THE MEANINGS ASSIGNED TO
THEM IN THE PROSPECTUS SUPPLEMENT.


                      (Floating Rate Notes)
                                             Page 2
                       Pricing Supplement No. 1823
                       Dated March 28, 1994
                       Rule 424(b)(3)-Registration Statement
                                 No. 33-58506
                       Rule 424(b)(3)-Registration Statement
                                 No. 33-58508


  Maximum Interest Rate: N/A
  Minimum Interest Rate: N/A

  Alternate Rate Event Spread: N/A

  Interest Payment Period:
  __ Annual    __ Semi-Annual    __ Monthly    X  Quarterly

  Interest Payment Dates if other than as set forth in the 
  Prospectus Supplement:  July 4, October 4, January 4 and
       April 4, of each year commencing on July 4, 1994.

  Interest Reset Periods and Dates:
  __ Daily    __ Weekly    __ Monthly    X  Quarterly
  __ Semiannually: months in which reset:                
  __ Annually: month in which reset:

  Interest Determination Dates (f other than as set forth in the
  Prospectus Supplement):  As set forth in Prospectus Supplement.

Form of Notes:   X  DTC registered        __ non-DTC registered

Repayment, Redemption and Acceleration:

  Optional Repayment Date:  N/A
  Annual redemption Percentage Reduction:  N/A
  Initial Redemption Date:  N/A
  Modified Payment Upon Acceleration: N/A
  Initial Redemption Percentage:  N/A

Original Issue Discount

  Amount of OID:  N/A
  Interest Accrual Date:  N/A
  Yield to Maturity:  N/A
  Initial Accrual Period OID:  N/A

Amortizing Notes:

  Amortization Schedule: N/A


                      (Floating Rate Notes)
                                             Page 3
                       Pricing Supplement No. 1823
                       Dated March 28, 1994
                       Rule 424(b)(3)-Registration Statement
                                 No. 33-58506
                       Rule 424(b)(3)-Registration Statement
                                 No. 33-58508


Dual Currency Notes:

  Face Amount Currency:  
  Option Value Calculation Agent:  N/A
  Optional Payment Currency:  N/A
  Option Election Date(s): N/A
  Designated Exchange Rate:  N/A

Indexed Notes:

  Currency Base Rate:  
  Determination Agent:  N/A                    

Plan of Distribution:

  Williams Financial Markets, A Division of Jeffries & Company,
  Inc. is acting as Agent in connection with the sale of the
  Notes.