PROSPECTUS             Pricing Supplement No. 1873
Dated April 1, 1994    Dated June 2, 1994
PROSPECTUS SUPPLEMENT  Rule 424(b)(3)-Registration Statement
                           No. 33-50909
Dated April 1, 1994    Rule 424(b)(3)-Registration Statement
                           No. 33-50899


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

Series:  A X    B __   C __             Trade Date:  June 2, 1994

Principal Amount (in Specified Currency): US$50,000,000

Settlement Date (Original Issue Date):  June 9, 1994

If principal amount is stated in other than U.S. dollars,
equivalent amount in U.S. dollars:

Net Proceeds to Issuer:  US$49,706,000

Agent's Discount or Commission:  .5880%

Maturity Date:  June 9, 2009

Price to Public (Issue Price):  100%

Interest Rate Per Annum:  7.75%

Interest Payment Date(s):

  Series A Notes:
  X   March 15 and September 15 of each year, commencing September
       15, 1994
  __  Other:

  Series B or C Notes:
  __  September 15 of each year
  __  Other: 

Form of Notes (Series A only):
  X   DTC registered
  __  non-DTC registered




A checkmark here __ indicates that none of the terms on the reverse
side (Page 2) are applicable to the Notes.




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. 1873
                       Dated June 2, 1994
                       Rule 424(b)(3)-Registration Statement
                           No. 33-50909
                       Rule 424(b)(3)-Registration Statement
                           No. 33-50899


Repayment, Redemption and Acceleration

  Optional Repayment Date(s):  N/A
  Initial Redemption Date:  N/A
  Initial Redemption Percentage:  N/A
  Annual Redemption Percentage Reduction:  N/A
  Modified Payment Upon Acceleration:  N/A

Original Issue Discount

  Amount of OID:  N/A
  Yield to Maturity:  N/A
  Interest Accrual Date:  N/A
  Initial Accrual Period OID:  N/A

Amortizing Notes:

  Amortization Schedule:  N/A

Dual Currency Notes:

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

Indexed Notes:

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

Plan of Distribution:

  The Notes are being purchased by UBS Securities Inc. ("Lead
Manager") (hereinafter referred to as the "Underwriter").  The
Company has agreed to indemnify the Underwriter against and
contribute toward certain liabilities, including liability under
the Securities Act of 1933, as amended.