PROSPECTUS             Pricing Supplement No. 1926
Dated April 1, 1994    Dated July 20, 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 __  C X             Trade Date:  July 20, 1994

Specified Currency:  Japanese Yen

Settlement Date (Original Issue Date):  July 27, 1994

Principal Amount (in Specified Currency):  Yen2,500,000,000

Maturity Date:  October 27, 1997

If principal amount is stated in other than
  U.S. dollars, equivalent amount in U.S. dollars:  US$25,330,000
  (*) Based on the June 20, 1994 exchange rate of Yen1 = US$.010132

Price to Public (Issue Price):  100%

Net Proceeds to Issuer:  Yen2,500,000,000

Agent's Discount or Commission:  0.000%

Interest Rate:

  Fixed Interest Rate:3.600% (computed on a 30/360 day basis)

  Interest Payment Dates:  Interest will be paid from the Original
       Issue Date up to but excluding the first Interest Payment
       Date on October 27, 1994 and annually thereafter on each
       October 27 up to and including the Maturity Date.

Form of Notes:

  The Notes will initially be issued in the form of a temporary
global note which will be deposited with or on behalf of a common
depository for the Euroclear System and Cedel, societe anonyme. 
The temporary global note will be exchangeable for a permanent
global note 40 days following the issue date.  The Notes will be
available in denomination of Yen1,000,000 and integral multiples
thereof



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. 1926
                       Dated July 20, 1994
                       Rule 424(b)(3)-Registration Statement
                           No. 33-50909



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:

  Goldman Sachs & Co is acting as Agent in connection with the
distribution of the Notes.

  THE NOTES MAY NOT BE OFFERED OR SOLD, DIRECTLY OR INDIRECTLY, IN
JAPAN OR TO, OR FOR THE BENEFIT OF, ANY RESIDENT OF JAPAN
(INCLUDING ANY CORPORATION OR OTHER ENTITY ORGANIZED UNDER THE LAWS
OF JAPAN) OR TO OTHERS FOR RE-OFFERING OR RESALE, DIRECTLY OR
INDIRECTLY, IN JAPAN OR TO A RESIDENT OF JAPAN PRIOR TO THE DATE
WHICH IS 90 DAYS AFTER THE SETTLEMENT DATE OF EACH ISSUE OF SUCH
NOTES EXCEPT TO THE EXTENT PERMITTED BY ANY FUTURE AMENDMENT TO
APPLICABLE JAPANESE LAWS OR REGULATIONS PROMULGATED THEREUNDER BY
JAPANESE REGULATORY AUTHORITIES.