PROSPECTUS                         Pricing Supplement No. 1741
Dated May 12, 1992                 Dated January 10, 1994
PROSPECTUS SUPPLEMENT              Rule 424(b)(3)-Registration Statement
No. 33-58506
Dated May 12, 1992                 Rule 424(b)(3)-Registration Statement
No. 33-58508


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

Series:  A X    B __   C __

Principal Amount (in Specified Currency):  US$18,649,500

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

Maturity Date:  November 1, 1999
Interest Rate Per Annum:  5.48%
Price to Public (Issue Price):  100.00%
Settlement Date (Original Issue Date):  January 13, 1994

Form and Denomination

The  Note will be represented by a single certificate issued in
definitive form and registered in the name of the purchaser.  The
Note may not be subdivided into multiple Notes without the prior
consent of the Company.

Payments of Principal and Interest

Installments of principal of the Note, and payments in respect of
interest on the Note, will be paid semi-annually on May 1 and
November 1 of each year, commencing May 1, 1994, to the person in
whose name the Notes is registered at the close of business on
April 15 and October 15, respectively.  The principal and interest
installments to be paid on each payment date with respect to the
Note is set forth below:






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 Amortizing Note)
                                                                     Page 2
                          Pricing Supplement No. 1741
                          Dated January 10, 1994
                          Rule 424(b)(3)-Registration Statement
                                   No. 33-58506
                          Rule 424(b)(3)-Registration Statement
                                   No. 33-58508


                                                                  Total
  Payment Date      Principal Payments    Interest Payments     Payments

  May 1, 1994         $   352,300           $306,340            $658,640
  November 1, 1994        157,600            501,040             658,640
  May 1, 1995             161,900            496,740             658,640
  November 1, 1995        166,400            492,240             658,640
  May 1, 1996             170,900            487,740             658,640
  November 1, 1996        175,600            483,040             658,640
  May 1, 1997             180,400            478,240             658,640
  November 1, 1997        185,400            473,240             658,640
  May 1, 1998             190,400            468,240             658,640
  November 1, 1998        195,700            462,940             658,640
  May 1, 1999             201,000            457,640             658,640
  November 1, 1999     16,511,900            452,140          16,964,040

The Note will bear interest on the unamortized principal portion
thereof from January 13, 1994, payable semi-annually on May 1 and
November 1 of each year, commencing May 1, 1994, to the person in
whose name the Note is registered at the close of business on April
15 and October 15, respectively.



                        (Fixed Rate Amortizing Notes)
                                                                     Page 3
                          Pricing Supplement No. 1741
                          Dated January 10, 1994
                          Rule 424(b)(3)-Registration Statement
                                   No. 33-58506
                          Rule 424(b)(3)-Registration Statement
                                   No. 33-58508




Repayment, Redemption and Acceleration

The Notes will be subject to repayment at the option of the holder
at a price equal to 100% of the unamortized principal amount
thereof, together with accrued interest thereon to, but not
including, the Optional Repayment Date (as defined below); provided
that, at the time of giving the notice described herein and at the
Optional Repayment Date, the rating issued by Standard & Poor's
Corporation ("S&P") or Moody's Investors Service, Inc. ("Moody's)
with respect to the long-term, unsecured, unsubordinated debt
securities of the Company is below A in the case of S&P or A2 in
the case of Moody's.  If one of the foregoing credit rating
agencies ceases to be in the business of rating debt securities and
such business is not continued by a successor or assign of such
agency (a "Discontinued Agency"), the Company shall select a
nationally-recognized credit rating agency in substitution thereof
and shall identify the rating level issued by such substitute
agency that is equivalent to the rating specified above of the
Discontinued Agency, whereupon such substitute agency and
equivalent rating shall replace the Discontinued Agency and the
rating level thereof for purposes of the Notes.  The Company shall
notify the Trustee of any determination made pursuant to the
immediately preceding sentence.  The repayment option may only be
executed for the entire unamortized principal amount of the Notes. 
"Optional Repayment Date" means a date, to be determined by the
holder of the Notes, not less than 10 but not more than 20 calendar
days following the receipt by the Paying Agent of a duly completed
"Option to Elect Repayment" form attached to the Note by the Paying
Agent.  Exercise of the repayment option will be irrevocable,
provided, however, that if between the date of the giving of notice
and the Optional Repayment Date, the ratings accorded the Company's
long-term, unsecured, unsubordinated debt securities by S&P and
Moody's (or any substitute agency) are at least A and A2,
respectively, then such exercise of the repayment option shall be
of no force and effect.


                        (Fixed Rate Amortizing Notes)
                                                                     Page 4
                          Pricing Supplement No. 1741
                          Dated January 10, 1994
                          Rule 424(b)(3)-Registration Statement
                                   No. 33-58506
                          Rule 424(b)(3)-Registration Statement
                                   No. 33-58508





Original Issue Discount

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

Plan of Distribution:

The Notes are being offered by the Company through Butcher &
Singer, A Division of Wheat, First Securities, Inc., acting as
agent (the "Agent") on behalf of the Company.  The Company will pay
the Agent a commission of $43,100.00.