PROSPECTUS             Pricing Supplement No. 2015
Dated April 1, 1994    Dated October 20, 1994
PROSPECTUS SUPPLEMENT  Rule 424(b)(3)-Registration Statement
                                 No. 33-54009
Dated April 1, 1994    Rule 424(b)(3)-Registration Statement 
                                No. 33-54011



              GENERAL ELECTRIC CAPITAL CORPORATION
                    GLOBAL MEDIUM-TERM NOTES
                       (Fixed Rate Notes)


Series:  A X    B __   C __         Trade Date:  October 20, 1994

Principal Amount (in Specified Currency): US$100,000,000

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

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

Maturity Date: October 28, 1996

Agent's Discount or Commission: .00%

Price to Public (Issue Price): 99.825%

Net Proceeds to Issuer: US$99,825,000

Interest:

  Interest Rate Per Annum:  6.97%

  Interest Payment Date(s):
  __  Annual:  
  X   Other:   Payments to be made on March 15, 1995, September 15,
       1995, March 15, 1996, September 15, 1996 and on the
       Maturity Date

Repayment, Redemption and Acceleration

  Optional Repayment Date(s):  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
                       Pricing Supplement No. 2015
                       Dated October 20, 1994
                       Rule 424(b)(3)-Registration Statement
                                No. 33-54009
                       Rule 424(b)(3)-Registration Statement
                                No. 33-54011




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 of Notes:
  X  DTC registered        __ non-DTC registered

Plan of Distribution:

  The Notes are being distributed by Citicorp Securities, Inc., as
  agent (the "Agent"), pursuant to the terms of an Agent Accession
  Letter dated October 20, 1994 executed under the Company's
  Amended and Restated U.S. Distribution Agreement dated as of
  August 31, 1993.  The Notes are being offered to public at the
  public offering price of 99.825% of their principal amount.