PROSPECTUS                         Pricing Supplement No. 1815
Dated July 12, 1993                Dated March 15, 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
                                         (Fixed Rate Notes)

Series:  A __   B X    C __             Trade Date:  March 15, 1994

Principal Amount (in Specified Currency): CHF10,000,000

Settlement Date (Original Issue Date): March 25, 1994

If Specified Currency is other than U.S. dollars,
equivalent amount in U.S. dollars:  $6,923,769

Maturity Date: June 25, 1997

Agent's Discount or Commission: 0.00%

Price to Public (Issue Price):  100.00%

Net Proceeds to Issuer (in Specified Currency):CHF10,000,000

Interest Rate:

    Fixed Rate:  4.00% (30/360 day basis)

    Interest Payment Dates:
    __ Semi-Annual:
    X  Annual:  Interest will be payable on June 25, 1994 with
           respect to the period from the Original Issue Date and
           annually on each June 25 thereafter through the Maturity
           Date.

Form and Denomination:

    The Notes will be issued in the form of a temporary global note
which will be exchangeable for definitive Notes on or after the
Exchange Date in denominations of CHF100,000



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. 1815
                                   Dated March 15, 1994
                                   Rule 424(b)(3)-Registration Statement
                                          No. 33-58506
                                   Rule 424(b)(3)-Registration Statement
                                          No. 33-50508



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

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


Plan of Distribution:

    Schweizerische Bankgesellschaft is acting as Agent in connection
with the sale of the Notes.