PROSPECTUS                             Pricing Supplement No. 2018
Dated April 1, 1994                    Dated October 20, 1994
PROSPECTUS SUPPLEMENT                  Rule 424(b)(3)-Reg.Statement No.33-54009
Dated April 1, 1994                    Rule 424(b)(3)-Reg.Statement No.33-54011




                    GENERAL ELECTRIC CAPITAL CORPORATION
                         GLOBAL MEDIUM-TERM NOTES

                            (Fixed Rate Notes)

Series A

Principal Amount (in Specified Currency): USD 500,000.00.  If principal
amount is stated in a currency other than U.S. dollars, equivalent amount in
U.S. dollars: $ 500,000.00

Maturity Date: 10/27/97

Interest Rate Per Annum: 7.2400%

Price to Public (Issue Price): 100.000%

Agent's Commission: .250%

Settlement Date (Original Issue Date): 10/27/94

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)   _X_  DTC registered   ___  non-DTC registered
               (Series B&C) ___  See "Description of Notes-Forms,Denominations,
                                 Exchange and Transfer" in the accompanying
                                 Prospectus Supplement.

The notes are not payable or redeemable prior to the Maturity Date set forth
above.

Merrill Lynch is acting as agent in connection with the distributions of
the Notes and will receive the commissions set forth above for acting in such
capacity.

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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