PROSPECTUS                 Amended Pricing Supplement No. 2041 
Dated April 1, 1994        Dated November 16, 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
                      (Floating Rate Notes)


Series:  A __    B X     C __        Trade Date:  November 10, 1994

Principal Amount (in Specified Currency): 20,000,000 pounds
       sterling

Settlement Date (Original Issue Date): November 17, 1994

If Specified Currency is other than U.S. dollars, 
equivalent amount in U.S. dollars: US$30,670,000
  (Based on the exchange rate of 1 pound sterling=US$1.5995)

Maturity Date: November 17, 1997

Agent's Discount or Commission:  0.0781%

Price to Public (Issue Price):  100.0000%

Net Proceeds to Issuer (in Specified Currency): 19,984,380 pounds
sterling

Interest Rate:

  Interest Calculation:
  X  Regular Floating Rate
  __ Inverse Floating Rate
  __ Other Floating Rate

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


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
                       Amended Pricing Supplement No. 2041 
                       Dated November 16, 1994
                       Rule 424(b)(3)-Registration Statement 
                                No. 33-54009
                       Rule 424(b)(3)-Registration Statement 
                                No. 33-54011




  Spread (Plus or Minus):  + 0.00%
  Spread Multiplier:  N/A                

  Index Maturity:  3 Months
  Index Currency:  Pounds Sterling

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

  Alternate Rate Event Spread:  N/A

  Initial Interest Rate Per Annum:  To be determined on the
       Original Issue Date.

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

  Interest Payment Dates if other than as set forth in the
  Prospectus Supplement:  November 17, February 17, May 17 and
  August
       17, commencing February 17, 1995.

  Interest Reset Periods and Dates:
  __ Daily    __ Weekly    __ Monthly    X   Quarterly
  __ Semiannually   __ Annually

  Interest Determination Dates if other than as set forth in the
  Prospectus Supplement:  The Interest Determination Date with
       respect to each Interest Reset Date shall be such Interest
       Reset Date.

Form of Notes:

  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 a permanent global
note 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".  Notes will be available in minimum denominations of
100,000 pounds sterling and integral multiples of 1,000 pounds
sterling in excess thereof.


                      (Floating Rate Notes)
                                                       Page 3
                       Amended Pricing Supplement No. 2041 
                       Dated November 16, 1994
                       Rule 424(b)(3)-Registration Statement 
                                No. 33-54009
                       Rule 424(b)(3)-Registration Statement 
                                No. 33-54011



Repayment, Redemption and Acceleration:

  Optional Repayment Date:  N/A
  Annual Redemption Percentage Reduction:  N/A
  Initial Redemption Date:  N/A
  Initial Redemption Percentage:  N/A

Amortizing Notes:

  Amortization Schedule: N/A

Dual Currency Notes:

  Face Amount Currency:  N/A
  Optional Payment Currency: N/A  
  Designated Exchange Rate: N/A 

Indexed Notes:

  Currency Base Rate:  N/A

Additional Terms:

  Goldman Sachs International will act as Calculation Agent for the
Notes.

Plan of Distribution:

  Goldman Sachs International is acting as agent in connection with
the distribution of the Notes.