PROSPECTUS                 Pricing Supplement No. 1930
Dated April 1, 1994        Dated July 21, 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:  July 21, 1994

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

  Settlement Date (Original Issue Date):  July 26, 1994

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

Maturity Date: July 26, 1996

Agent's Discount or Commission:  0.00%

Price to Public (Issue Price):  100.00%

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): ___%
  __ 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):  + .23%
  Spread Multiplier:  N/A

  Index Maturity:  Three Months
  Index Currency:  N/A

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

  Alternate Rate Event Spread:  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.


                      (Floating Rate Notes)
                                                       Page 2
                       Pricing Supplement No. 1930
                       Dated July 22, 1994
                       Rule 424(b)(3)-Registration Statement 
                                No. 33-50909





  Initial Interest Rate Per Annum:  The Interest Rate applicable
       to the first weekly Interest Reset Period will be
       determined on the Original Issue Date based upon
       application of the interest rate formula. 
  
  Interest Payment Period:
  __ Annual    __ Semi-Annual    __ Monthly  X  Quarterly

  Interest Payment Dates if other than as set forth in the
  Prospectus Supplement:  On each January 26, April 26, July 26,
       and October 26, commencing October 26, 1994 up to and
       including the Maturity Date

  Interest Reset Periods and Dates:
  __ Daily    X  Weekly    __ Monthly
  __ Quarterly  (See "Additional Terms--Interest" below).
  __ Semiannually: months in which reset:  N/A
  __ Annually: month in which reset:  N/A                    

  Interest Determination Dates if other than as set forth in the
  Prospectus Supplement: See "Additional Terms--Interest" below. 
                
Form of Notes:      X  DTC registered     __ non-DTC registered
  

Repayment, Redemption and Acceleration:

  Initial Redemption Date:  N/A           
  Initial Redemption Percentage: N/A
  Optional Repayment Date:  N/A                 
  Annual redemption Percentage Reduction:  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             


                      (Floating Rate Notes)
                                                       Page 3
                       Pricing Supplement No. 1930
                       Dated July 22, 1994
                       Rule 424(b)(3)-Registration Statement 
                                No. 33-50909





Dual Currency Notes:

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

Indexed Notes:

  Currency Base Rate:  N/A

Additional Terms:

  Interest.

  The interest rate applicable to each weekly Interest Reset Period
will equal the Treasury Rate (as defined in the Prospectus
Supplement) plus the Spread set forth on the cover page of this
Pricing Supplement.  Interest will be payable quarterly on each
January 26, April 26, July 26 and October 26, commencing October
26, 1994 and ending on the Maturity Date (each, an "Interest
Payment Date"). The interest rate on the Notes will reset weekly on
each Tuesday except as specified below (each, an "Interest Reset
Date"). The Interest Determination Date with respect to an Interest
Reset Date will be the day in the week in which the related
Interest Reset Date falls on which day Treasury Bills (as defined
in the Prospectus Supplement) are normally auctioned (Treasury
Bills are normally sold at auction on Monday of each week, unless
that day is a legal holiday, in which case the auction is normally
held on the following Tuesday, except that such auction may be held
on the preceding Friday); provided, however, that if an auction is
held on the Friday of the week preceding the related Interest Reset
Date, the related Interest Determination Date will be such
preceding Friday; and provided further, that if an auction falls on
any Interest Reset Date, then the related Interest Reset Date will
instead be the Business Day following such auction.

  Interest will be calculated on the basis of the actual number of
days elapsed during each Interest Payment Period over the actual
number of days in the year in which the applicable Interest Payment
Date falls.

  Salomon Brothers Inc shall act as the Calculation Agent for the
Notes.


                      (Floating Rate Notes)
                                                       Page 4
                       Pricing Supplement No. 1930
                       Dated July 22, 1994
                       Rule 424(b)(3)-Registration Statement 
                                No. 33-50909





Plan of Distribution:

  The Notes are being purchased by Salomon Brothers Inc, as
principal (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.