PROSPECTUS             Pricing Supplement No. 1847
Dated April 1, 1994    Dated May 4, 1994                   
PROSPECTUS SUPPLEMENT  Rule 424(b)(3)-Registration Statement
                                 No. 33-58506
Dated April 1, 1994    Rule 424(b)(3)-Registration Statement
                                 No. 33-50909


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

Series:  A X    B __   C __         Trade Date: May 4, 1994

Principal Amount (in Specified Currency): $150,000,000

Settlement Date (Original Issue Date): May 6, 1994

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

Maturity Date:  May 6, 1996

Agent's Discount or Commission: .0500%

Price to Public (Issue Price):  100.00%

Net Proceeds to Issuer (in Specified Currency): $149,925,000

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  __ LIBOR   __ Prime Rate
  X  Treasury Rate   __ Other

  Spread (Plus or Minus):  +.200%
  Spread Multiplier:  N/A

  Index Maturity:  3 Month
  Index Currency: 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. 1847            
                       Dated May 4, 1994     
                       Rule 424(b)(3)-Registration Statement
                                 No. 33-58506
                       Rule 424(b)(3)-Registration Statement
                                 No. 33-50909


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

  Alternate Rate Event Spread:  N/A

  Initial Interest Rate Per Annum:  4.30% for the first weekly
       Interest Reset Period.

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

  Interest Payment Dates if other than as set forth in the
  Prospectus Supplement:  The 6th day of August, November,
       February and May of each year up to and including the
       Maturity Date, commencing August 6, 1994.

  Interest Reset Periods and Dates:
  __ Daily    X  Weekly   __  Monthly  __ Quarterly
  __ Semiannually
  __ Annually;  See "Additional Terms-Interest".

  Interest Determination Dates if other than as set forth in the
  Prospectus Supplement:  See "Additional Terms-Interest".

Form of Notes:
  X  DTC registered
  __ non-DTC registered

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. 1847            
                       Dated May 4, 1994     
                       Rule 424(b)(3)-Registration Statement
                                 No. 33-58506
                       Rule 424(b)(3)-Registration Statement
                                 No. 33-50909




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
  Designated Exchange Rate:  N/A

Indexed Notes:

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

Additional Terms:

  Interest

  The interest rate applicable to each Interest Reset Period will
equal the Treasury Rate plus the Spread set forth on the cover page
of this Pricing Supplement.  Interest will be payable quarterly on
the 6th day of August, November, February and May of each year up
to and including the Maturity Date (each, an "Interest Payment
Date").  The interest rate on the Notes will reset weekly on each
Tuesday except as specified below (each, an "Interest Reset Date"). 
The Interest Determination Date with respect to an Interest Reset
Date will be the day in the week in which the related Interest
Reset Date falls on which day Treasury Bills (as defined in the
Prospectus Supplement) are normally auctioned (Treasury Bills are



                      (Floating Rate Notes)
                                                       Page 4
                       Pricing Supplement No. 1847            
                       Dated May 4, 1994     
                       Rule 424(b)(3)-Registration Statement
                                 No. 33-58506
                       Rule 424(b)(3)-Registration Statement
                                 No. 33-50909




normally sold at auction on Monday of each week, unless that day is
a legal holiday, in which case the auction is normally held on the
following Tuesday, except that such auction may be held on the
preceding Friday); provided however, that if an auction is held on
the Friday of the week preceding the related Interest Reset Date,
the related Interest Determination Date will be such preceding
Friday; and provided further, that if an auction falls on any
Interest Reset Date, then the related Interest Reset Date will
instead be the Business Day following such auction. 

Plan of Distribution:

  The Notes are being purchased by J.P. Morgan Securities Inc.
(hereinafter referred to as the "Agent") at 100% of their principal
amount less a selling concession equal to .050%.