PROSPECTUS                Pricing Supplement No. 1748                
Dated July 12, 1993       Dated January 24, 1994
PROSPECTUS SUPPLEMENT     Rule 424(b)(3)-Registration Statement
                                   No. 33-58506
Dated July 12, 1993       Rule 424(b)(3)-Registration Statement
                                   No. 33- 58508



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


Series:  A __   B X    C __           Trade Date: January 13, 1994

Principal Amount (in Specified Currency): US$30,000,000

Settlement Date (Original Issue Date): January 26, 1994

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

Maturity Date: January 12, 1999

Agent's Discount or Commission: 0.000%

Price to Public (Issue Price):  100.00%

Net Proceeds to Issuer (in Specified Currency): US$30,000,000

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
   __ Other (as described below under "Additional Terms")

   Spread (Plus or Minus): -.175000%
   Spread Multiplier:  N/A

   Index Maturity:  6 Month
   Index Currency:  U.S. Dollar


CAPITALIZED TERMS USED IN THIS PRICING SUPPLEMENT WHICH ARE DEFINED
IN THE PROSPECTUS SUPPLEMENT SHALL HAVE THE MEANING ASSIGNED TO
THEM IN THE PROSPECTUS SUPPLEMENT.


                            (Floating Rate Notes)
                                                                     Page 2
                          Pricing Supplement No. 1748
                          Dated January 24, 1994
                          Rule 424(b)(3)-Registration Statement
                                   No. 33-58506
                          Rule 424(b)(3)-Registration Statement
                                   No. 33-58508





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

   Alternate Rate Event Spread: N/A

   Initial Interest Rate Per Annum:  To be determined by application
of
         the floating rate interest formula two days prior to the
         original issue date.

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

   Interest Payment Dates if other than as set forth in the
   Prospectus Supplement:  July 12 and January 12 of each year, 
         commencing July 12, 1994

   Interest Reset Periods and Dates:
   __ Daily    __ Weekly    __ Monthly    __ Quarterly
   X  Semiannually:  On each Interest Payment Date
   __ Annually             

   Interest Determination Dates if other than as set forth in the
   Prospectus Supplement:  Two London Business Days Prior to each
         Interest Reset Date

Form and Denomination:  

   The Notes will be issued in the form of a temporary global note
which will be exchanged for a permanent global note on the Exchange
Date.

Repayment, Redemption and Acceleration:

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


                            (Floating Rate Notes)
                                                                     Page 3
                          Pricing Supplement No. 1748
                          Dated January 24, 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
   Interest Accrual Date:  N/A
   Yield to Maturity:  N/A
   Initial Accrual Period OID:  N/A

Amortizing Notes:

   Amortization Schedule: N/A

Indexed Notes:

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

Additional Terms:

   The Chase Manhattan Bank, N.A. will act as Calculation Agent for
the Notes.

Plan of Distribution:

   Deutsche Bank AG London is acting as Agent in connection with the
sale of the Notes.