PROSPECTUS                 Pricing Supplement No.: 3556
Dated October 7, 1999      Dated  August 11,2000
PROSPECTUS SUPPLEMENT      Rule 424(b)(3)-Registration Statement
Dated December 17, 1999    No. 333-87367

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

Trade Date:    August 11, 2000

Settlement Date (Original Issue Date):       August 28, 2000

Maturity  Date: August 28, 2015, (subject to earlier  redemption,
as set forth under "Additional Terms-Optimal Redemption")

Principal Amount (in Specified Currency):    USD25,000,000

Price to Public (Issue Price):     100%

Agent's Discount or Commission:    1.250%

Net Proceeds to Issuer:       USD24,687,500.00

Interest Rate Per Annum:      7.50%

Interest Payment Date(s):

  X  Monthly  on the 28th of each month, commencing  September
     28, 2000 (each period from and including an Interest Payment
     Date or the Original Issue Date, as the case may be, to  but
     excluding  the  next  succeeding Interest  Payment  Date  is
     referred to herein as an "Interest Period").

Form of Notes:

  X  DTC registered        ___ non-DTC registered

CUSIP Number:  36962G VD3





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.: 3556
                           Dated August 11, 2000
                           Rule 424(b)(3)-Registration Statement
                           No. 333-87367
Repayment, Redemption and Acceleration
Initial Redemption Date:       August  28,  2001(See  "Additional
                               Terms-Optional Redemption" below)
Initial Redemption Percentage: 100%
Optional Repayment Date:       Not applicable ("N/A")
Annual Redemption Percentage Reduction: N/A
Modified Payment Upon Acceleration:     N/A

Reopening of Issue:

   Additional  notes may be issued with the same terms  as  these
Notes.   After  such additional notes are issued,  they  will  be
fungible with these Notes.  See "Description of Notes - Reopening
of  Issue"  as  described  in  the  Prospectus  Supplement  dated
December 17, 1999.

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

Additional Terms:

  Interest.

  Accrued  interest on the Notes for each Interest  Period  shall
  be  calculated  and paid on the basis of a  year  of  360  days
  consisting  of twelve 30-day months.  As a result,  the  amount
  payable  on  each  Interest Payment Date will  remain  constant
  irrespective  of  the actual number of days that  have  elapsed
  since the preceding Interest Payment Date.
                    (Fixed Rate Notes)
                                Page 3
                           Pricing Supplement No.: 3556
                           Dated August 11, 2000
                           Rule 424(b)(3)-Registration Statement
                           No. 333-87367
  Optional Redemption.

  The  Company  may at its option elect to redeem  the  Notes  in
  whole  or  in  part,  semi-annually on each  February  28   and
  August  28  commencing  on August 28,2001(each  such  date,  an
  "Optional  Redemption Date") at 100% of their principal  amount
  plus  accrued interest to but excluding the date of  redemption
  (the  "Redemption Date").  In the event the Company  elects  to
  redeem  the  Notes, notice will be given to registered  holders
  at least 30 days prior to the Redemption Date.

Additional Information:

   General.

  At  July  1,  2000,  the  Company had outstanding  indebtedness
  totalling $189.429 billion, consisting of notes payable  within
  one  year, senior notes payable after one year and subordinated
  notes  payable after one year.  The total amount of outstanding
  indebtedness  at  July  1,  2000 excluding  subordinated  notes
  payable after one year was equal to $188.732 billion.

   Consolidated Ratio of Earning to Fixed Charges.

   The  information contained in the Prospectus under the caption
   "Consolidated  Ratio of Earnings to Fixed Charges"  is  hereby
   amended in its entirety, as follows:
                                             Six Months ended
            Year Ended December 31,            July 1, 2000
           1995   1996  1997  1998  1999
           1.51   1.53  1.48  1.50  1.60        1.61

   For  purposes of computing the consolidated ratio of  earnings
   to  fixed  charges, earnings consist of net earnings  adjusted
   for  the  provision  for income taxes, minority  interest  and
   fixed   charges.   Fixed  charges  consist  of  interest   and
   discount  on all indebtedness and one-third of rentals,  which
   the  Company  believes  is a reasonable approximation  of  the
   interest factor of such rentals.

Recent Developments:

     On  May  25,  2000, the Board of Directors  of  the  Company
     adopted resolutions approving the reincorpration and  change
     of  domicile of the Company from New York to Delaware.  This
     reincorporation is currently expected to occur in the  third
     quarter of 2000.

Plan of Distribution:

  The  Notes are being purchased by Merrill Lynch, Pierce, Fenner
  &  Smith Incorporated (the "Underwriter"), acting as principal,
  at   100.00%  of  the  aggregate  principal  amount   less   an
  underwriting  discount equal to 1.250% 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.