PROSPECTUS             Pricing Supplement No. 1857
Dated April 1, 1994    Dated May 17, 1994
PROSPECTUS SUPPLEMENT  Rule 424(b)(3)-Registration Statement
                                 No. 33-50909
Dated April 1, 1994    


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


Series:  A __   B X    C __              Trade Date:  May 17, 1994

Principal Amount (in Specified Currency):  ECU100,000,000

Settlement Date (Original Issue Date): June 17, 1994

If Specified Currency is other than U.S. dollars,
equivalent amount in U.S. dollars:  US$115,380,000*
  (*)  Based on the Exchange Rate of ECU1.00=US$1.15380

Maturity Date: April 13, 1999

Agent's Discount or Commission: 0.250%

Price to Public (Issue Price):  97.9% (plus accrued interest
  from April 13, 1994)

Net Proceeds to Issuer (in Specified Currency):  ECU97,610,000 (plus
  accrued interest from April 13, 1994)

Interest:

  Interest Rate Per Annum:6.125%

  Interest Payment Dates:
  X  Annual:  April 13 of each year commencing April 13, 1995.
  __ Semi-Annual: 

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


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)
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                       Pricing Supplement No. 1857
                       Dated May 17, 1994
                       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

Form and Denominations:

The Notes will be issued in the form of a temporary global note which
will be deposited with a common depositary for the Euroclear System and
Cedel, S.A.  The temporary global note will be exchangeable for
definitive notes not earlier than 40 days after the original issue date
(the "Exchange Date") and will be available in denominations of
ECU1,000, ECU10,000 and ECU100,000.

Additional Terms

  The Notes are intended to be fully fungible with and will, upon
issuance of definitive notes on or after the Exchange Date (currently
anticipated to occur on July 27, 1994), be consolidated and form a
single issue for all purposes with the Company's issue of ECU100,000,000
6.125% Global Medium-Term Notes, Series B, Due April 13, 1999, described
in Pricing Supplement 1821 dated April 8, 1994.

Additional Terms:

  Payments of both principal and interest will be made in ECU.


                          (Fixed Rate Notes)
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                       Pricing Supplement No. 1857
                       Dated May 17, 1994
                       Rule 424(b)(3)-Registration Statement
                              No. 33-50909




Plan of Distribution:

  The Notes are being purchased by the following institutions in their
respective amounts set forth below pursuant to the terms of the Amended
and Restated Euro Distribution Agreement dated as of August 31, 1993
(the "Amended and Restated Euro Distribution Agreement" and a Terms
Agreement with respect to the Notes; all references in the Prospectus
Supplement to the Euro Distribution Agreement as so amended and
restated):

          Financial Institution                     Amount of Notes
                                                         (ECU)

          Credit Commercial de France                  62,500,000
          Barclays de Zoete Wedd Limited                5,000,000
          Merrill Lynch International Limited           5,000,000
          J.P. Morgan Securities Ltd.                   5,000,000
          Banque Bruxelles Lambert S.A.                 1,500,000
          Banque Paribas                                1,500,000
          Caisse des depots et consignations            1,500,000
          Credit Suisse First Boston Limited            1,500,000
          Goldman Sachs International Limited           1,500,000
          Hambros Bank Limited                          1,500,000
          Kidder Peabody International PLC              1,500,000
          Kredietbank N.V.                              1,500,000
          Morgan Stanley & Co. International Limited    1,500,000
          Salomon Brothers International Limited        1,500,000
          Societe Generale                              1,500,000
          Swiss Bank Corporation                        1,500,000
          UBS Limited                                   1,500,000
          SG Warburg Securities Ltd.                    1,500,000
          Westdeutsche Landesbank Girozentrale          1,500,000

          Total                                       100,000,000

The above-listed financial institutions are hereinafter referred to as
the "Managers".  To the extent that any of the Managers are not Agents
under the Euro Distribution Agreement, the Company has appointed such
non-Agent Managers as Agents thereunder for this transaction.  The
Company has agreed to indemnify the Managers against and contribute
toward certain liabilities, including liabilities under the Securities
Act of 1933, as amended.


                          (Fixed Rate Notes)
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                       Pricing Supplement No. 1857
                       Dated May 17, 1994
                       Rule 424(b)(3)-Registration Statement
                              No. 33-50909




The combined management and underwriting commission payable by the
Company to the Agents with respect to the respective purchases of the
Notes is 0.10% of the principal amount of the  Notes.  The purchase
price payable to the Company by the Agents will also be reduced by a
selling concession of 0.15% of the principal amount of the Notes. 

The Company has agreed to pay the Managers ECU40,000 in reimbursement of
certain of their expenses.

In connection with this issue, Credit Commercial de France may over-
allot or effect transactions which stabilize or maintain the market
price of the Notes at a level which might not otherwise prevail.  Such
stabilizing, if commenced, may be discontinued at any time.