PROSPECTUS             Pricing Supplement No. 2030
Dated April 1, 1994    Dated November 4, 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 __   B X    C __           Trade Date:  November 4, 1994

Principal Amount (in Specified Currency): ECU100,000,000

Settlement Date (Original Issue Date):  November 17, 1994

If principal amount is stated in other than U.S. dollars,
  equivalent amount in U.S. dollars:  US$125,610,000*
  (*) Based on the Exchange Rate of ECU1.00 per US$1.25610

Maturity Date: November 17, 1998

Agent's Discount or Commission:  1.625%

Price to Public (Issue Price): 101.0650%

Net Proceeds to Issuer: ECU99,427,500

Interest:

  Interest Rate Per Annum:  8.0%

  Interest Payment Date(s):
  X   Annual:  November 17 of each year, commencing November 17,
       1995
  __  Other: 

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)
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                       Pricing Supplement No. 2030
                       Dated November 4, 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 and Denominations:

  The Notes will initially be issued in the form of a temporary
  global bearer note, without interest coupons, which will be
  deposited with or on behalf of a common depository for Morgan
  Guaranty Trust Company of New York, Brussels office, as operator
  of the Euroclear System and Cedel, societe anonyme for credit to
  the account designated by or on behalf of the purchasers
  thereof.  The temporary global note will be exchangeable for
  definitive bearer notes after the expiration of the Restricted
  Period, all as described in the Prospectus Supplement under the
  heading "DESCRIPTION OF NOTES--Forms, Denominations, Exchange
  and Transfer".  The Notes will be available in denominations of
  ECU1,000, ECU10,000 and ECU100,000.

Plan of Distribution:

  The Notes are being purchased by the following institutions in
  their respective amounts set forth below pursuant to the terms
  of the Amended and Restated Euro Distribution Agreement dated as
  of August 31, 1993 (the "Amended and Restated Euro Distribution
  Agreement") and a Terms Agreement with respect to the Notes:


                       (Fixed Rate Notes)
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                       Pricing Supplement No. 2030
                       Dated November 4, 1994
                       Rule 424(b)(3)-Registration Statement 
                           No. 33-54009
                       Rule 424(b)(3)-Registration Statement 
                           No. 33-54011




          Financial Institutions              Amount of Notes
                                                   (ECU)

       UBS Limited                                79,000,000
       ABN AMRO Bank N.V.                          1,000,000
       Banque Bruxelles Lambert S.A.               1,000,000
       Banque Paribas                              1,000,000
       Barclays de Zoete Wedd Limited              1,000,000
       BNP Capital Markets Limited                 1,000,000
       Caisse des Depots et Consignations          1,000,000
       Credit Commercial de France                 1,000,000
       Credit Lyonnais                             1,000,000
       CS First Boston Limited                     1,000,000
       Deutsche Bank AG London                     1,000,000
       Generale Bank                               1,000,000
       IMI Bank (Lux) S.A.                         1,000,000
       Kidder, Peabody International PLC           1,000,000
       Kredietbank N.V.                            1,000,000
       Lehman Brothers International (Europe)      1,000,000
       Merrill Lynch International Limited         1,000,000
       J.P. Morgan et Cie S.A.                     1,000,000
       Morgan Stanley & Co. International Limited  1,000,000
       Societe Generale                            1,000,000
       Swiss Bank Corporation                      1,000,000
       Wood Gundy Inc.                             1,000,000

       Total                                     100,000,000

The above-listed financial institutions are hereinafter referred to
as the "Managers".  To the extent that any of the Managers are not
Agents under the Euro Distribution Agreement, the Company has
appointed such non-Agent Managers as Agent thereunder for this
transaction.  The Company has agreed to indemnify the managers
against and contribute toward certain liabilities, including
liabilities under the Securities Act of 1933, as amended.  The
combined management and underwriting commission payable by the
Company to the Agents with respect to the respective purchases of
the Notes is 0.20% of the principal amount of the Notes.  The
purchase price payable to the Company by the Agents will also be
reduced by a selling concession of 1.425% of the principal amount
of the Notes.


                       (Fixed Rate Notes)
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                       Pricing Supplement No. 2030
                       Dated November 4, 1994
                       Rule 424(b)(3)-Registration Statement 
                           No. 33-54009
                       Rule 424(b)(3)-Registration Statement 
                           No. 33-54011





In connection with this issue, UBS Limited may over-allot or effect
transactions which stabilize or maintain the market price of the
Notes at a level which might not otherwise prevail.  Such
stabilizing, if commenced, may be discontinued at any time.