PROSPECTUS            Pricing Supplement No. 1867
Dated April 1, 1994   Dated May 26, 1994
PROSPECTUS SUPPLEMENT Rule 424(b)(3)-Registration Statement
                                 No. 33-50909
Dated April 1, 1994              



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


Series:  A __   B X    C __               Trade Date:  May 26, 1994

Specified Currency:  Deutschemarks

Principal Amount (in Specified Currency):  DEM50,000,000

Settlement Date (Original Issue Date): June 3, 1994

If Specified Currency is other than U.S. dollars,
equivalent amount in U.S. dollars:  US$30,340,000(*)
  (*)  Based on the May 26, 1994 exchange rate of DEM1 = US$.6068.

Agent's Discount or Commission:  0.00%

Maturity Date: June 3, 1996

Price to Public (Issue Price):  100.00%

Net Proceeds to Issuer (in Specified Currency): DEM50,000,000

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  __ Treasury Rate   __ Other

  Spread (Plus or Minus):  +.010%
  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. 1867
                      Dated May 26, 1994
                      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:  To be determined on the
       Interest Determination Date with respect to the first
       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 3rd day of September, December,
       March and June of each year up to and including the
       Maturity Date, commencing September 3, 1994.

  Interest Reset Periods and Dates:
  __ Daily   __ Weekly  __ Monthly;  X  Quarterly  __ Semiannually
  __ 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 Denominations:

  The Notes will initially be issued in the form of a temporary
global note which will be deposited with or on behalf of a common
depository for the Euroclear System and Cedel, societe anonyme. 
The temporary global note will be exchangeable for a permanent
global note 40 days following the issue date.  The Notes will be
available in denominations of DEM1,000 and integral multiples
thereof.

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. 1867
                      Dated May 26, 1994
                      Rule 424(b)(3)-Registration Statement
                                No. 33-50909




Original Issue Discount:  N/A

Plan of Distribution:

  Goldman Sachs & Co. oHG is acting as German Agent in connection
with the distribution of the Notes.  See "PLAN OF DISTRIBUTION
Distribution of Deutschemark-Denominated Notes" in the accompanying
Prospectus Supplement.