PROSPECTUS             Pricing Supplement No. 1995
Dated April 1, 1994    Dated August 26, 1994
PROSPECTUS SUPPLEMENT  Rule 424(b)(3)-Registration Statement
                                No. 33-54009
Dated April 1, 1994    Rule 424(b)(3)-Registration Statement
                                No. 33-54011


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

Series:  A __   B X    C __        Trade Date:  August 26, 1994

Principal Amount (in Specified Currency):  ITL75,000,000,000

Settlement Date (Original Issue Date):  September 29, 1994

If principal amount is stated in other than U.S. dollars,
equivalent amount in U.S. dollars:  US$47,966,232*
  (*)  Based on the Exchange Rate of ITL1563.60 per US$1.00

 Maturity Date: September 29, 1997

Agent's Discount or Commission:  1.3750%

Price to Public (Issue Price): 101.225%

Net Proceeds to Issuer: ITL74,887,500,000 (before deduction of
       expenses payable by the Company)

Interest:

  Interest Rate Per Annum:  11.50 %

  Interest Payment Date(s):
  X   Annual:  September 29 of each year, commencing September 29,
       1995
  __  Other:

Repayment, Redemption and Acceleration

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


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.


                       (Fixed Rate Notes)
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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

Form and Denominations:

  The Notes will initially be issued in the form of a temporary
  global bearer note, without interest coupons, which will be
  deposited with or on behalf of a common depository for Morgan
  Guaranty Trust Company of New York, Brussels office, as operator
  of the Euroclear System and Cedel, societe anonyme for credit to
  the account designated by or on behalf of the purchasers
  thereof.  The temporary global note will be exchangeable for
  definitive bearer notes after the expiration of the Restricted
  Period, all as described in the Prospectus Supplement under the
  heading "DESCRIPTION OF NOTES--Forms, Denominations, Exchange
  and Transfer".  The Notes will be available in denominations of
  ITL5,000,000 and ITL50,000,000.

Additional Terms:

  The Notes are intended to be fully fungible with and will, upon
  issuance of definitive notes on or after the Exchange Date
  (currently expected to be November 9, 1994, be consolidated with
  and form a single issue for all purposes with the Company's
  issue of ITL150,000,000,000 11.50% Global Medium-Term Notes,
  Series B, Due September 29, 1997, described in Pricing
  Supplement 1993, dated August 24, 1994.

Plan of Distribution:

  The Notes are being purchased by the following institutions in
  their respective amounts set forth below pursuant to the terms
  of the Amended and Restated Euro Distribution Agreement dated as
 

                       (Fixed Rate Notes)
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                       Pricing Supplement No. 1995
                       Dated August 26, 1994
                       Rule 424(b)(3)-Registration Statement
                           No. 33-54009
                       Rule 424(b)(3)-Registration Statement
                           No. 33-54011



  of August 31, 1993 (the "Amended and Restated Euro Distribution
  Agreement") and a Terms Agreement with respect to the Notes:

          Financial Institutions                  Amount of Notes
                                                  (Italian Lire)

   J.P. Morgan SIM S.P.A.                          34,500,000,000
   Credit Communal de Belgique S.A.                 2,500,000,000
   Credito Italiano S.P.A.                          2,500,000,000
   Morgan Stanley & Co. International Limited       2,500,000,000
   ABN AMRO Bank N.V.                               1,000,000,000
   Banca Commerciale Italiana                       1,000,000,000
   Banca del Gottardo                               1,000,000,000
   Banca di Roma                                    1,000,000,000
   Banca Euromobiliare                              1,000,000,000
   Banca Nazionale del Lavoro S.P.A.                1,000,000,000
   Banco di Napoli SPA                              1,000,000,000
   Banque Bruxelles Lambert S.A.                    1,000,000,000
   Banque Internationale a Luxembourg S.A.          1,000,000,000
   Banque Paribas                                   1,000,000,000
   Bayerische Vereinsbank Aktiengesellschaft        1,000,000,000
   Caboto SIM S.P.A.                                1,000,000,000
   Caisse des Depots et Consignations               1,000,000,000
   Cariplo Cassa di Risparmio
           delle Provincie Lombarde S.P.A.          1,000,000,000
   Commerzbank Aktiengesellschaft                   1,000,000,000
   Credit Commercial de France                      1,000,000,000
   CS First Boston (Italia) SIM SPA                 1,000,000,000
   Deutsche Bank AG London                          1,000,000,000
   Dresdner Bank Aktiengesellschaft                 1,000,000,000
   Fuji International Finance PLC                   1,000,000,000
   Generale Bank                                    1,000,000,000
   IMI Bank (Lux) S.A.                              1,000,000,000
   Intermobiliare SIM S.P.A.                        1,000,000,000
   Istituto Bancario San Paolo di Torino S.P.A.     1,000,000,000
   Italian International Bank PLC                   1,000,000,000
   Kidder, Peabody International PLC                1,000,000,000
   Kredietbank N.V.                                 1,000,000,000
   Lehman Brothers International (Europe)           1,000,000,000
   Samuel Montagu & Co. Limited                     1,000,000,000
   Monte dei Paschi di Siena                        1,000,000,000
   Swiss Bank Corporation                           1,000,000,000
   UBS Limited                                      1,000,000,000
   Westdeutsche Landesbank Girozentrale             1,000,000,000

   Total                                           75,000,000,000


                       (Fixed Rate Notes)
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The above-listed financial institutions are hereinafter referred to
as the "Managers".  To the extent that any of the Managers are not
Agents under the Euro Distribution Agreement, the Company has
appointed such non-Agent Managers as Agent thereunder for this
transaction.  The Managers have agreed to purchase the Notes from
the Company at the Issue Price of 101.225% less (i) a combined
management and underwriting commission payable by the Company equal
to 0.25% of the principal amount of the Notes and (ii) a selling
concession of 1.125% of the principal amount of the Notes.  The
Company has agreed to pay the Managers ITL10,000,000 in
reimbursement of certain of their expenses. 

The Company has agreed to indemnify the Managers against and
contribute toward certain liabilities, including liabilities under
the Securities Act of 1933, as amended.

In connection with this issue, J.P. Morgan SIM S.P.A. may over-
allot or effect transactions which stabilize or maintain the market
price of the Notes at a level which might not otherwise prevail. 
Such stabilizing, if commenced, may be discontinued at any time.

Each Manager acknowledges that no action has or will be taken which
would allow an offering of the  Notes to the public in the Republic
of Italy.  Accordingly, the Notes may not be offered, sold or
delivered and neither an Offering Circular nor any other offering
material relating to the Notes may be distributed or made available
to the public in the Republic of Italy.  Each Manager represents
and agrees that any offering of the Notes in the Republic of Italy
may be made only to professional investors (as defined in article
4(1) of the Consob Resolution no. 6430 of 26th August 1992) and
that it will not otherwise, directly or indirectly, offer or sell
any Notes or distribute any document in draft or definitive form
relating to the Notes to the public at large in Italy, subject to
the authorizations required pursuant to Legislative Decree No. 385
of September 1, 1993, and Law No. 216 of June 7, 1974 as amended
and supplemented.  Individual sales of the Notes to any persons in
the Republic of Italy may only be made in accordance with Italian
securities, tax and other applicable laws and regulations.

Any offer or sale of Notes to any person in the Republic of Italy
may be made only through an authorized bank or securities brokerage
company ("Societa di Intermediazione Mobiliare") pursuant to the
Italian Securities Brokerage Companies Act (Law No. 1 of 2nd
January 1991 as amended and supplemented).