PROSPECTUS             Pricing Supplement No. 1909
Dated April 1, 1994    Dated July 5, 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 X     B __    C __         Trade Date:  July 5, 1994

Principal Amount (in Specified Currency):  US$17,540,000

Settlement Date (Original Issue Date):  July 7, 1994

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

Net Proceeds to Issuer:  US$17,540,000

Agent's Discount or Commission:  0.000%

Maturity Date:  December 7, 1998

Price to Public (Issue Price):  100.00%

Interest Rate Per Annum:  5.33%

Interest Payment Date(s):

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

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

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

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




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. 1909
                       Dated July 5, 1994 
                       Rule 424(b)(3)-Registration Statement
                           No. 33-50909



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:

  Merrill Lynch, Pierce, Fenner & Smith Incorporated is acting as
Agent in connection with the distribution of the Notes.