PROSPECTUS                 Pricing Supplement No. 1936
Dated April 1, 1994        Dated July 26, 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 26, 1994

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

Settlement Date (Original Issue Date):  August 1, 1994

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

Maturity Date: August 1, 1996

Agent's Discount or Commission:  0.0960%

Price to Public (Issue Price):  100.000%

Net Proceeds to Issuer (in Specified Currency):  US$49,952,000

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):  +.15
  Spread Multiplier:  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.


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                       Pricing Supplement No. 1936
                       Dated July 26, 1994
                       Rule 424(b)(3)-Registration Statement
                                No. 33-50909



  Index Maturity:  Three Months
  Index Currency:  N/A

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

  Alternate Rate Event Spread:  N/A

  Initial Interest Rate Per Annum:  The Interest Rate applicable
       to the first weekly Interest Reset Period will be
       determined on July 26, 1994 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:  November 1, February 1, May 1 and 
       August 1 of each year, commencing on November 1, 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".

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




                      (Floating Rate Notes)
                                                       Page 3
                       Pricing Supplement No. 1936
                       Dated July 26, 1994
                       Rule 424(b)(3)-Registration Statement
                                No. 33-50909



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

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
November 1, February 1, May 1 and August 1, commencing on November
1, 1994 up to and including the Maturity 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 



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                       Pricing Supplement No. 1936
                       Dated July 26, 1994
                       Rule 424(b)(3)-Registration Statement
                                No. 33-50909



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.

  Morgan Stanley & Co. Incorporated shall act as the Calculation
Agent for the Notes.

Plan of Distribution:

  The Notes are being purchased by Morgan Stanley & Co.
Incorporated as principal (hereinafter referred to as the
"Underwriter"), less an underwriting discount of 0.0960%.  The
Company has agreed to indemnify the Underwriter against and
contribute toward certain liabilities, including liability under
the Securities Act of 1933, as amended.