PROSPECTUS                         Pricing Supplement No. 1805                
Dated July 12, 1993                Dated February 25, 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:  February 25, 1994

Principal Amount (in Specified Currency): US$20,000,000

Settlement Date (Original Issue Date): March 7, 1994

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

Maturity Date:  March 7, 1995

Agent's Discount or Commission:  0.00%

Price to Public (Issue Price):  100.00%

Net Proceeds to Issuer (in Specified Currency):  US$20,000,000

Interest Rate:
    Interest Calculation:
    __ Regular Floating Rate
    __ Inverse Floating Rate
       (Fixed Interest Rate):
    X  Other Floating Rate:  Three Month LIBOR (as defined herein)
           plus 0.750% or 0.000% to be determined on each Interest
           Rate Determination Date (as described below under
           "Additional Terms")

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

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


                                        (Floating Rate Notes)
                                                                     Page 2
                                   Pricing Supplement No. 1805
                                   Dated February 25, 1994
                                   Rule 424(b)(3)-Registration Statement
                                          No. 33-58506
                                   Rule 424(b)(3)-Registration Statement
                                          No. 33-58508


    Index Maturity:  N/A
    Index Currency:  N/A

    Maximum Interest Rate:  N/A
    Minimum Interest Rate:  0%

    Alternate Rate Event Spread: N/A

    Initial Interest Rate Per Annum:  See "Additional Terms" below. 

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

    Interest Payment Dates if other than as set forth in the
    Prospectus Supplement:  June 7, 1994, September 7, 1994,
           December 7, 1994 and March 7, 1995.

    Interest Reset Periods and Dates:(*)
    __ Daily    __ Weekly    __ Monthly    __ Quarterly
    __ Semiannually:
    __ Annually:  month in which reset:
           (*) See "Additional Terms" below.

    Interest Rate Determination Dates if other than as set forth in
    the Prospectus Supplement:  See "Additional Terms" below.
             
Form of Notes:
 
    The Notes will be issued in the form of a temporary global note
which will be deposited with or on behalf of a common depository
for Euroclear and Cedel S.A..  The temporary global note will be
exchangeable 40 days following the Original Issue Date set forth
above for a Permanent Global Note or, upon request, Notes in
definitive bearer form in denominations of $10,000, $100,000 and
$1,000,000.



                                        (Floating Rate Notes)
                                                                     Page 3
                                   Pricing Supplement No. 1805
                                   Dated February 25, 1994
                                   Rule 424(b)(3)-Registration Statement
                                          No. 33-58506
                                   Rule 424(b)(3)-Registration Statement
                                          No. 33-58508



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 

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                   

Dual Currency Notes:

    Face Amount Currency:  N/A
    Option Value Calculation Agent: N/A
    Optional Payment Currency:  N/A
    Option Election Date(s): N/A
    Designated Exchange Rate:  N/A

Indexed Notes:

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


                                        (Floating Rate Notes)
                                                                     Page 4
                                   Pricing Supplement No. 1805
                                   Dated February 25, 1994
                                   Rule 424(b)(3)-Registration Statement
                                          No. 33-58506
                                   Rule 424(b)(3)-Registration Statement
                                          No. 33-58508



Additional Terms:

    Interest.

    Interest on the Notes is payable quarterly on June 7, 1994,
September 7, 1994, December 7, 1994 and March 7, 1995 (each, an
"Interest Payment Date").  The interest rate per annum applicable
to each quarterly period commencing on the immediately preceding
Interest Payment Date (or in the case of the initial interest
period, commencing on the Issue Date) to but excluding the next
Interest Payment Date will be determined by the Calculation Agent
(as defined below) in accordance with the following: 

    (i)    On each Interest Rate Determination Date (as defined
           below) during the period commencing on the Issue Date to
           but excluding September 7, 1994, the Calculation Agent
           shall determine whether Three Month LIBOR (as defined
           below) is greater than or equal to 3.25% and less than or
           equal to 4.2500%.  If Three Month LIBOR on such Interest
           Rate Determination Date falls within such range, interest
           will accrue at the Coupon Rate (as defined below) for
           such day. If Three Month LIBOR on such date falls outside
           of such range, then no interest will accrue on such date.

    (ii)   On each Interest Rate Determination Date during the
           period commencing on September 7, 1994 to but excluding
           March 7, 1995, the Calculation Agent shall determine
           whether Three Month LIBOR is greater than or equal to
           3.2500% and less than or equal to 5.0000%.  If Three
           Month LIBOR on such Interest Rate Determination Date
           falls within such range, interest will accrue at the
           Coupon Rate for such day. If Three Month LIBOR on such
           date falls outside of such range, then no interest will
           accrue on such date.



                                        (Floating Rate Notes)
                                                                     Page 5
                                   Pricing Supplement No. 1805
                                   Dated February 25, 1994
                                   Rule 424(b)(3)-Registration Statement
                                          No. 33-58506
                                   Rule 424(b)(3)-Registration Statement
                                          No. 33-58508




    The interest rate applicable to each quarterly interest period,
commencing on the immediately preceding Interest Payment Date will
be determined by the Calculation Agent two London Business Days
prior to each Interest Payment Date (or in the case of the initial
interest period, two London Business Days before the Issue Date),
and will be equal to Three Month LIBOR (as defined below) plus
0.7500% per annum (the "Coupon Rate").  For each quarterly interest
period, the Calculation Agent will determine the percentage of
London Banking Days on which Three Month LIBOR was within the
ranges set forth above (the "Accrual Percentage").  The Accrual
Percentage will be determined by dividing the number of calendar
days on which Three Month LIBOR was within the ranges set forth
above during the interest period by 360.  If any day is not a
London Business Day, the accrual for that day will be the same as
for the immediately preceding London Business Day.  The amount of
interest to be paid on each Interest Payment Date will be equal to
the Accrual Percentage multiplied by the Coupon Rate for the
period. 

    In the event that any Interest Payment Date or the Maturity Date
falls on a day that is not a Business Day, interest shall be paid
on the next succeeding Business Day and interest on such payment
shall accrue for the period from and after such Interest Payment
Date to such next succeeding Business Day.   

    Interest on the Notes will be computed on an actual/360 day
basis.

    For the purposes of the Notes, the following terms shall have the
following meanings:

    "Interest Rate Determination Date" means each day (from and
including the Issue Date to but excluding the Maturity Date), being
a day upon which the Calculation Agent shall determine whether
LIBOR is within the applicable range set forth above.


                                        (Floating Rate Notes)
                                                                     Page 6
                                   Pricing Supplement No. 1805
                                   Dated February 25, 1994
                                   Rule 424(b)(3)-Registration Statement
                                          No. 33-58506
                                   Rule 424(b)(3)-Registration Statement
                                          No. 33-58508




    "Three Month LIBOR" means the rate for deposits in the London
interbank market in U.S. dollars for a three-month period
commencing on the second Business Day immediately following such
Interest Rate Determination Date that appears on Telerate Page 3750
(as defined below) as of 11:00 a.m., London time, on the applicable
Interest Rate Determination Date.  If no rate appears on Telerate
Page 3750 as aforesaid, the Calculation Agent will request the
principal London offices of each of four major reference banks in
the London interbank market, as selected by the Calculation Agent,
to provide the Calculation Agent with its offered quotation for
deposits in U.S. dollars for a three-month period commencing on the
second Business Day immediately following such Interest Rate
Determination Date to prime banks in the London interbank market at
approximately 11:00 a.m., London time, on such Interest Rate
Determination Date and in a principal amount that is representative
for a single transaction in U.S. Dollars in such market at such
time.  If at least two such quotations are provided, Three Month
LIBOR will be the arithmetic mean of such quotations.  If fewer
than two quotations are provided, Three Month LIBOR will be the
arithmetic mean of the rates quoted at approximately 11:00 a.m., in
the City of New York, on such  Interest Rate Determination Date for
loans made on the second Business Day immediately following such
Interest Rate Determination Date in U.S. dollars to leading
European banks having a maturity of three month and in a principal
amount that is representative for a single transaction in U.S.
dollars in such market at such time by three major banks in The
City of New York selected by the Calculation Agent; provided,
however, that if the banks so selected by the Calculation Agent are
not quoting as mentioned in this sentence, Three Month LIBOR with
respect to such Interest Rate Determination Date will be Three
Month LIBOR as determined on the immediately preceding Interest
Rate Determination Date.  

    "Telerate Page 3750" means the display on the Dow Jones Telerate
Service designated as "Page 3750" (or such other page as may
replace Page 3750 on that service or such other service as may be
nominated by the British Bankers' Association as the information
vendor for the purpose of displaying British Bankers' Association
Interest Settlement Rates for U.S. dollar deposits).



                                        (Floating Rate Notes)
                                                                     Page 7
                                   Pricing Supplement No. 1805
                                   Dated February 25, 1994
                                   Rule 424(b)(3)-Registration Statement
                                          No. 33-58506
                                   Rule 424(b)(3)-Registration Statement
                                          No. 33-58508




    "Calculation Agent" means Kidder, Peabody International Limited.

Certain Investment Considerations:                  

    Investors should be aware that if Three Month LIBOR on any
Interest Rate Determination Date falls outside of the applicable
LIBOR range set forth under "Additional Terms -- Interest", no
interest will accrue for that day.                        

Plan of Distribution:

    Kidder, Peabody International Limited is acting as Agent in
connection with the distribution of the Notes.