PROSPECTUS                 Pricing Supplement No. 2631
Dated January 10, 1995     Dated December 4, 1995
PROSPECTUS SUPPLEMENT      Rule 424(b)(3)-Registration Statement
                                 No. 33-55209
Dated January 25, 1995

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

Trade Date:  December 4, 1995

Settlement Date (Original Issue Date):  December 7, 1995

Maturity Date:  June 10, 1997

Principal Amount (in Specified Currency): US$10,000,000

Price to Public (Issue Price): 100.00%

Agent's Discount or Commission: 0.125%

Net Proceeds to Issuer:  US$9,987,500

Interest Rate Per Annum:  5.42%

Interest Payment Date(s):

  X    March 15 and September 15 of each year, commencing on March
       15, 1996 (with respect to the period from and including
       December 7, 1995 to but excluding March 15, 1996) and the
       Maturity Date (with respect to the period from the
       including the preceding Interest Payment Date on March 15,
       1997 to but excluding the Maturity Date)
  __   Other: 

Form of Notes:

  X  DTC registered
  __ non-DTC registered

Repayment, Redemption and Acceleration

  Optional Repayment Date(s):  N/A
  Initial Redemption Date:  N/A
  Initial Redemption Percentage:  N/A
  Annual Redemption Percentage Reduction:  N/A
  Modified Payment Upon Acceleration:  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)
                                             Page 2
                       Pricing Supplement No. 2631
                       Dated December 4, 1995
                       Rule 424(b)(3)-Registration Statement 
                           No. 33-55209



Original Issue Discount:

  Amount of OID:  N/A
  Yield to Maturity:  N/A
  Interest Accrual Date:  N/A
  Initial Accrual Period OID:  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
  Option Value Calculation Agent:  N/A
  Option Election Date(s):  N/A

Indexed Notes:

  Currency Base Rate:  N/A
  Determination Agent:  N/A

Plan of Distribution:

  The Notes are being purchased by Goldman, Sachs & Co. (the
"Underwriter"), as principal, at 100% of the aggregate principal
amount less an underwriting discount equal to 0.125% of the
principal amount of the Notes.

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