PROSPECTUS                 Revised Pricing Supplement No. 1918
Dated April 1, 1994        Dated July 12, 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 __   B X    C __         Trade Date:  July 12, 1994

Principal Amount (in Specified Currency):  US$30,000,000

Settlement Date (Original Issue Date): July 25, 1994

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

Maturity Date: June 2, 1997

Agent's Discount or Commission: 0.10%

Price to Public (Issue Price):  99.3270% (plus accrued interest
       from June 2, 1994)

Net Proceeds to Issuer (in Specified Currency):  US$29,768,100
       (plus accrued interest from June 2, 1994)

Interest:

  Interest Rate Per Annum:  6.5%

  Interest Payment Dates:
  X  Annual:  June 2 of each year commencing June 2, 1995
  __ Semi-Annual:

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



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
                           Revised Pricing Supplement No. 1918
                           Dated July 12, 1994
                           Rule 424(b)(3)-Registration Statement
                                No. 33-50909



Plan of Distribution:

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

Form and Denominations:

The Notes will be issued in the form of a temporary global note
which will be deposited with a common depositary for the Euroclear
System and Cedel, S.A.  The temporary global note will be
exchangeable for definitive notes not earlier than 40 days after
the original issue date (the "Exchange Date") and will be available
in denominations of US$1,000 and US$100,000.

Additional Terms

  The Notes are intended to be fully fungible with and will, upon
issuance of definitive notes on or after the Exchange Date
(currently anticipated to occur on September 3, 1994), be
consolidated and form a single issue for all purposes with the
Company's issue of US$250,000,000 6.5% Global Medium-Term Notes,
Series B, Due June 2, 1997, described in Pricing Supplement 1855
dated May 16, 1994.

  The Notes are being purchased by Goldman Sachs International
(hereinafter referred to as the "Underwriter") pursuant to a Terms
Agreement, to be entered into under the Company's Amended &
Restated Euro Distribution Agreement, dated August 31, 1993, at the
Issue Price of 99.3270% (plus accrued interest from June 2, 1994)
less an underwriting discount of 0.10%.  The Company has agreed to
indemnify the Underwriter against and contribute toward
liabilities, including liability under the Securities Act of 1933,
as amended.