pROSPECTUS             Pricing Supplement No. 2072
Dated April 1, 1994    Dated December 5, 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:  December 5, 1994

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

Settlement Date (Original Issue Date): January 9, 1995

If Specified Currency is other than U.S. dollars,
equivalent amount in U.S. dollars:  US$72,891,610.18
  (*) Based on the Exchange Rate of Cdn.$1.3719 per US$1.00

Maturity Date: January 9, 1997

Agent's Discount or Commission:  1.125%

Price to Public (Issue Price):  100.735%

Net Proceeds to Issuer (in Specified Currency):  Cdn.$99,560,000

Interest Rate:
  Interest Rate Per Annum:  8.25%
  Interest Payment Period:
  X  Annual    __ Semi-Annual    __ Monthly    __ Quarterly

  Interest Payment Dates if other than as set forth in the
  Prospectus Supplement:  January 9 of each year, commencing
  January 9, 1996



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. 2072
                       Dated December 5, 1994
                       Rule 424(b)(3)-Registration Statement 
                              No. 33-54009
                       Rule 424(b)(3)-Registration Statement 
                              No. 33-54011



Repayment, Redemption and Acceleration:

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

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
  Option Value Calculation Agent: N/A
  Optional Payment Currency:  N/A
  Option Election Date(s):  N/A
  Designated Exchange Rate:  N/A

Indexed Notes:

  Currency Base Rate:  N/A
  Determination Agent:  N/A



                       (Fixed Rate Notes)
                                                       Page 3
                       Pricing Supplement No. 2072
                       Dated December 5, 1994
                       Rule 424(b)(3)-Registration Statement 
                              No. 33-54009
                       Rule 424(b)(3)-Registration Statement 
                              No. 33-54011


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
  Cdn.$1,000 and Cdn.$10,000.

Plan of Distribution:

  The Notes are being purchased by the following financial
  institutions in the respective amounts set forth below pursuant
  to 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):

          Financial Institution              Amount of Notes
                                             (Canadian  Dollars)

     Wood Gundy Inc.                            62,000,000
     Banque Bruxelles Lambert S.A.               2,000,000
     Banque Paribas                              2,000,000
     Barclays de Zoete Wedd Limited              2,000,000
     Goldman Sachs International                 2,000,000
     Kredietbank N.V.                            2,000,000
     Lehman Brothers International (Europe)      2,000,000
     RBC Dominion Securities Inc.                2,000,000
     ScotiaMcLeod Inc.                           2,000,000
     Swiss Bank Corporation                      2,000,000
     ABN AMRO Bank N.V.                          1,000,000
     ASLK BANK nv/CGER BANQUE sa                 1,000,000


                       (Fixed Rate Notes)
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                       Pricing Supplement No. 2072
                       Dated December 5, 1994
                       Rule 424(b)(3)-Registration Statement 
                              No. 33-54009
                       Rule 424(b)(3)-Registration Statement 
                              No. 33-54011



          Financial Institution                   Amount of Notes 
                                                (Canadian  Dollars)
                            (cont'd)

     BACOB Bank s.c.                                   1,000,000
     Banque et Caisse d'Epargne de l'Etat, Luxembourg  1,000,000
     Banque Generale du Luxembourg Societe Anonyme     1,000,000
     Banque Internationale a Luxembourg S.A.           1,000,000
     Bayerische Landesbank Girozentrale                1,000,000
     BMO Nesbitt Burns International Ltd.              1,000,000
     Credit Communal de Belgique S.A.                  1,000,000
     CS First Boston Limited                           1,000,000
     Deutsche Bank AG London                           1,000,000
     Dresdner Bank Aktiengesellschaft                  1,000,000
     Generale Bank                                     1,000,000
     Internationale Nederlanden Bank N.V.              1,000,000
     Merrill Lynch International Limited               1,000,000
     Midland Bank plc                                  1,000,000
     Morgan Stanley & Co. International Limited        1,000,000
     Swissca Securities Limited                        1,000,000
     The Toronto-Dominion Bank                         1,000,000
     UBS Limited                                       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 Amended and Restated 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)
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                       Pricing Supplement No. 2072
                       Dated December 5, 1994
                       Rule 424(b)(3)-Registration Statement 
                              No. 33-54009
                       Rule 424(b)(3)-Registration Statement 
                              No. 33-54011




  "Business Day" means any day other than a Saturday or Sunday or
any other day on which banking institutions are generally
authorized or obligated by law or regulation to close in New York,
New York, London, England or Toronto, Canada.

In connection with this issue, Wood Gundy Inc. 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.

The Notes have not been and will not be qualified for sale under
the securities laws of Canada or any province or territory thereof. 
Each of the Managers will represent and agree that it has not
offered or sold, and that it will not offer or sell, any Notes,
directly or indirectly, in Canada or to or for the benefit of any
resident thereof in contravention of the securities laws of Canada
or any province or territory thereof.  Each of the Managers will
further agree that it will deliver to any dealer who purchases any
Notes from it a notice stating in substance that, by purchasing the
Notes, such dealer represents and agrees that it has not offered or
sold and will not offer or sell, directly or indirectly, any of
such Notes in Canada or to or for the benefit of any resident
thereof in contravention of the securities laws of Canada or any
province or territory thereof, and will deliver to any other dealer
to whom it sells any of such notes a notice containing
substantially the same statement as in this sentence.  Each of the
Managers will also agree not to distribute this Pricing Supplement,
the Prospectus Supplement or Prospectus to which it is attached, or
any other offering material relating to the Notes, in Canada.  Each
of the Managers, and any dealer who purchases from them any of the
Notes, may be required to furnish a certificate to the effect that
it has complied with the restrictions described in this paragraph.