PROSPECTUS                 Pricing Supplement No. 1891
Dated April 1, 1994        Dated June 16, 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 X    B __   C __             Trade Date:  June 16, 1994

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

Settlement Date (Original Issue Date):  June 21, 1994

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

Maturity Date:  June 21, 1996

Agent's Discount or Commission:  .016%

Price to Public (Issue Price):  100%

Net Proceeds to Issuer (in Specified Currency):  $49,992,000

Interest Rate:
  Interest Calculation:
  X  Regular Floating Rate
  __ Inverse Floating Rate
       (Fixed Interest Rate): ___%
  __ Other Floating Rate
       (as described below under "Additional Terms")

  Interest Rate Basis:  __ CD Rate   __ Commercial Paper Rate
  __ Federal Funds Rate  __ LIBOR   __ Prime Rate  X  Treasury Rate
  __ Other (as described below under "Additional Terms")

  Spread (Plus or Minus):  0%
  Spread Multiplier:  N/A

  Index Maturity:  6 months
  Index Currency:  N/A

  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 prior to the first Interest
       Reset Period


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. 1891
                       Dated June 16, 1994
                       Rule 424(b)(3)-Registration Statement
                                No. 33-58506
                       Rule 424(b)(3)-Registration Statement
                                No. 33-50909



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

  Interest Payment Dates if other than as set forth in the
  Prospectus Supplement:  Each June 21 and December 21,
       commencing December 21, 1994

  Interest Reset Periods and Dates:
  __ Daily    X  Weekly    __ Monthly    __ Quarterly
  __ Semiannually: months in which reset:
  __ Annually: month in which reset:

  Interest Determination Dates if other than as set forth in the
  Prospectus Supplement:  As specified in the Prospectus
       Supplement

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
  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

Amortizing Notes:

  Amortization Schedule:  N/A

Dual Currency Notes:

  Face Amount Currency:  N/A
  Optional Payment Currency:  N/A  
  Designated Exchange Rate:  N/A


                      (Floating Rate Notes)
                                                       Page 3
                       Pricing Supplement No. 1891
                       Dated June 16, 1994
                       Rule 424(b)(3)-Registration Statement
                                No. 33-58506
                       Rule 424(b)(3)-Registration Statement
                                No. 33-50909



Indexed Notes:

  Currency Base Rate:  N/A

Additional Terms:

  Morgan Guaranty Trust Company of New York will act as the
Calculation Agent with respect to the Notes.

Plan of Distribution:

  J.P. Morgan Securities Inc. is acting as Agent in connection
  with the sale of the Notes.