PROSPECTUS             Pricing Supplement No. 2063
Dated April 1, 1994    Dated November 23, 1994
PROSPECTUS SUPPLEMENT  Rule 424(b)(3)-Registration Statement 
                                No. 33-54009
Dated April 1, 1994


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

Series:  A __   B X    C __        Trade Date:  November 23, 1994

Principal Amount (in Specified Currency): US$200,000,000

Settlement Date (Original Issue Date):  December 20, 1994

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

Maturity Date:  December 20, 1996               

Agent's Discount or Commission:  1.125%

Price to Public (Issue Price): 100.960%

Net Proceeds to Issuer:  US$199,665,000

Interest:

  Interest Rate Per Annum:  7.375%

  Interest Payment Dates:
  __  September 15 of each year
  X   Other: December 20 of each year commencing December 20, 1995.

Repayment, Redemption and Acceleration:

  Optional Repayment Date(s):  N/A
  Initial Redemption Date:  N/A
  Initial Redemption Percentage:  N/A
  Annual Redemption Percentage Reduction:  N/A
  Modified Payment Upon Acceleration:  N/A

Original Issue Discount

  Amount of OID:  N/A
  Yield to Maturity:  N/A
  Interest Accrual Date:  N/A
  Initial Accrual Period OID:  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. 2063
                       Dated November 23, 1994
                       Rule 424(b)(3)-Registration Statement 
                           No. 33-54009



Amortizing Notes:

  Amortization Schedule:  N/A

Form and Denomination:

  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 depositary 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 on 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
  US$1,000, US$10,000 and US$100,000.

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; all
  references in the Prospectus Supplement to the Euro Distribution
  Agreement as so amended and restated):


                       (Fixed Rate Notes)
                                                       Page 3
                       Pricing Supplement No. 2063
                       Dated November 23, 1994
                       Rule 424(b)(3)-Registration Statement 
                           No. 33-54009




        Financial Institution                    Amount of Notes
                                                    (US Dollars)

     Swiss Bank Corporation                          151,000,000
     Banque Paribas                                    3,000,000
     Barclays de Zoete Wedd Limited                    3,000,000
     CS First Boston Limited                           3,000,000
     Deutsche Bank AG London                           3,000,000
     Goldman Sachs International                       3,000,000
     Lehman Brothers International (Europe)            3,000,000
     Merrill Lynch International Limited               3,000,000
     Midland Bank plc                                  3,000,000
     J.P. Morgan Securities Ltd.                       3,000,000
     Morgan Stanley & Co. International Limited        3,000,000
     Nomura International plc                          3,000,000
     UBS Limited                                       3,000,000
     ABN AMRO Bank N.V.                                1,000,000
     Banca del Gottardo                                1,000,000
     Bank of Tokyo Capital Markets Limited             1,000,000
     Banque Bruxelles Lambert S.A.                     1,000,000
     Generale Bank                                     1,000,000
     IBJ International plc                             1,000,000
     Internationale Nederlanden Bank N.V.              1,000,000
     Kidder, Peabody International PLC                 1,000,000
     LTCB International Limited                        1,000,000
     ScotiaMcLeod Inc.                                 1,000,000
     Societe Generale Strauss Turnbull Limited         1,000,000
     S.G. Warburg Securities Ltd.                      1,000,000
     Wood Gundy Inc.                                   1,000,000

     Total                                           200,000,000


  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 0.125% 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
  1.00% of the principal amount of the Notes.


                       (Fixed Rate Notes)
                                                       Page 4
                       Pricing Supplement No. 2063
                       Dated November 23, 1994
                       Rule 424(b)(3)-Registration Statement 
                           No. 33-54009



  In connection with this issue, Swiss Bank Corporation 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.