PROSPECTUS                 Revised Pricing Supplement No. 1663
Dated July 12, 1993        Dated June 27, 1994
PROSPECTUS SUPPLEMENT      Rule 424(b)(3)-Registration Statement
                                No. 33-49874
Dated July 12, 1993        Rule 424(b)(3)-Registration Statement
                                No. 33-49876

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

Series:  A X    B __   C __         Trade Date:  September 13, 1993

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

Settlement Date (Original Issue Date):  September 27, 1993

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

Maturity Date:  September 27, 1995

Agent's Discount or Commission:  0%

Price to Public (Issue Price):  100%

Net Proceeds to Issuer (in Specified Currency):  US$50,000,000

Interest Rate:
  Interest Calculation:
  X  Regular Floating Rate
  __ Inverse Floating Rate
       (Fixed Interest Rate): ___%
  __ Floating Rate/Fixed Rate
       (Fixed Rate Commencement Date):
       (Fixed Interest Rate):
  __ Other Floating Rate
       (See attached)

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

  Spread (Plus or Minus):  -2.350
  Spread Multiplier:  N/A

  Index Maturity:  N/A
  Index Currency:  N/A

  Initial Interest Rate Per Annum:  N/A


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.


                      (Floating Rate Notes)
                                                       Page 2
                       Revised Pricing Supplement No. 1663
                       Dated June 27, 1994
                       Rule 424(b)(3)-Registration Statement
                                No. 33-49874
                       Rule 424(b)(3)-Registration Statement
                                No. 33-49876




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

  Interest Payment Dates if other than as set forth in the
  Prospectus Supplement:  Each December 27, March 27,
       June 27 and September 27, commencing December 27, 1993.

  Interest Reset Periods and Dates:
  __ Daily    X  Weekly, each Thursday or, if not a Business Day,
        the next succeeding Business Day
  __ 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:  Weekly, each Thursday or, if not a
       Business Day, the next succeeding Business Day.

  Maximum Interest Rate:  N/A
  Minimum Interest Rate:  0%

  Alternate Rate Event Spread:  N/A

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

Repayment, Redemption and Acceleration:

  Optional Repayment Date:  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


                      (Floating Rate Notes)
                                                       Page 3
                       Revised Pricing Supplement No. 1663
                       Dated June 27, 1994
                       Rule 424(b)(3)-Registration Statement
                                No. 33-49874
                       Rule 424(b)(3)-Registration Statement
                                No. 33-49876




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

Additional Terms:

  The interest rate on the Notes will be determined with reference
to the "Average Bank Prime Loan Rate", adjusted on each Interest
Reset Date, and determine as set forth below.  The Average Bank
Prime Loan Rate for any Interest Reset Date will be the rate
appearing on Telerate page 122 on the relevant Interest
Determination Date under the heading "Prime Rate" for such Interest
Determination Date.  Rates quoted on Telerate page 122 under the
heading "Prime Rate" provide the arithmetic mean of the Bank Loan
Prime Rate for each calendar day of the seven calendar day period
beginning on the Thursday next preceding such Interest Reset Date
and ending on the Wednesday next preceding such Interest Reset Date
(with the previous Business Day's rate being applied to any non-
Business Day) as published in Federal Reserve Statistical Release
H.15(519) under the heading "Bank Prime Loan".  If Telerate page
122 is not available at any Interest Determination Date, the
Average Bank Prime Loan Rate for the relevant Interest Reset Date
will be the arithmetic mean of the rates appearing on Telerate page
125 under the heading "Bank Prime Rate History" for each calendar
day in the seven calendar day period beginning on the Thursday next
preceding such Interest Reset Date and ending on the Wednesday next
preceding such Interest Reset Date (with the previous Business
Day's rate being applied to any non-Business Day).  If Telerate
pages 122 and 125 are not available at any Interest Determination
Date, the Average Bank Prime Loan Rate for the relevant Interest
Reset Date shall be the rate appearing in Federal Reserve
Statistical Release H.15(519) under the heading "Bank Prime Loan"
for such Interest Determination Date.  If 


                      (Floating Rate Notes)
                                                       Page 4
                       Revised Pricing Supplement No. 1663
                       Dated June 27, 1994
                       Rule 424(b)(3)-Registration Statement
                                No. 33-49874           
                       Rule 424(b)(3)-Registration Statement
                                No. 33-49876




Telerate pages 122 and 125 and the Federal Reserve Statistical
Release H.15(519) are not available at any Interest Determination
Date, the Average Bank Prime Loan Rate for the relevant Interest
Reset Date will be arithmetic mean of the rates appearing on
Telerate page 38 under the heading "Prime Rate-Top 30 U.S. Banks"
for each calendar day in the seven calendar day period beginning on
the Thursday next preceding such Interest Reset Date and ending on
the Wednesday next preceding such Interest Reset Date (with the
previous Business Day's rate being applied to any non-Business
Day).  If Telerate pages 122, 125 and 38 and the Federal Reserve
Statistical Release H.15(519) are not available at any Interest
Determination Date, the Average Bank Prime Loan Rate for the
relevant Interest Reset Date will be based on the arithmetic mean
of the prime rate or base lending rates (quoted on the basis of the
actual number of days in the year divided by a 360-day year) quoted
by three major money center banks in The City of New York selected
by the Calculation Agent on the relevant Interest Determination
Date for each calendar day of the ten calendar day period beginning
on the Thursday next preceding such Interest Reset Date and ending
on the Wednesday next preceding such Interest Reset Date (with the
previous Business Day's rate being applied to any non-Business
Day); provided, however, that if fewer than three banks selected as
aforesaid by the Calculation Agent are quoting as described in this
sentence, the Average Bank Prime Loan Rate will be the Average Bank
Prime Loan Rate in effect on such Interest Reset Date.  Telerate
pages 122, 125 and 38 means that respective page on the Dow Jones
Telerate Service or such other page as may replace any such page on
that service.  The amount of interest payable on any Note with
respect to any Interest Payment Date shall be the sum of weekly
interest amounts determined as described above, without
compounding.

  Interest on the Notes will be computed and paid on the basis of
a 360-day year of twelve 30-day months.

Plan of Distribution:

  The Notes are being purchased by Kidder, Peabody & Co., Inc.
("Kidder Peabody") (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.