PROSPECTUS             Pricing Supplement No. 2084
Dated April 1, 1994    Dated December 22, 1994
PROSPECTUS SUPPLEMENT  Rule 424(b)(3)-Registration Statement No.
Dated April 1, 1994    33-54009
                       Rule 424(b)(3)-Registration Statement No.
                       33-54011

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

Series:  A __  B  __  C  X       Trade Date:  December 16, 1994

Principal Amount (in Specified Currency):  US$30,000,000

Settlement Date (Original Issue Date):  December 23, 1994

Price to Public (Issue Price):   100.00%

Net Proceeds to Issuer:  US$29,982,510

Maturity Date:  December 22, 1995

Interest Rate

Interest Calculation:
 X   Regular Floating Rate, modified as described under Additional
       Terms-Interest below
__  Inverse Floating Rate
__  Floating Rate/Fixed Rate
Day Count:  Actual/365

Floating Interest Rate Basis:    __  CD Rate   __ Commercial Paper
Rate    __ Federal Funds Rate
__ LIBOR    __ Prime Rate   X  Other (as described below under
Additional Terms-Interest)

Interest Payment Period:
__ Annual     X  Semi-Annual    __ Monthly    __ Quarterly

Interest Payment Dates:   June 23, 1995 and December 22, 1995

Interest Reset Period and Date:
__ Daily   __ Weekly   __ Monthly   __ Quarterly
 X  Semi-Annually -- June 23, 1995
__ Annually

Interest Determination Dates (if other than as set forth in the
Prospectus Supplement):  Two Business Days (as defined herein)
prior to: (a)  the Original Issue Date (with respect to the June
23, 1995 Interest Payment Date) and (b) the Interest Reset Date
(with respect to the December 22, 1995 Interest Payment Date).

Maximum Interest Rate:  N/A
Minimum Interest Rate:   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.

                       (Floating Rate Notes)
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                       Pricing Supplement No. 2084
                       Dated  December 22, 1994
                       Rule 424(b)(3)-Registration Statement No.
                       33-54009
                       Rule 424(b)(3)-Registration Statement No.
                       33-54011


Forms, Denominations, Exchange and Transfer:  The Notes will be
evidenced by interests in a permanent global bearer Note, which
will be exchanged for a temporary global bearer Note on or after
the Exchange Date.  Both of the temporary global bearer Note and
the permanent global bearer Note will be deposited with a common
depositary for the Euroclear Operator and Cedel.  The Notes will be
issued in minimum denominations of US$250,000 and integral
multiples of US$1,000 in excess thereof (provided, however, that
definitive bearer Notes, if any, will be issued in denominations of
US$250,000).

Repayment, Redemption and Acceleration

  The Notes are not redeemable prior to the Maturity Date. 
Provisions regarding repayment are described under  "Additional
Terms-Payment at Maturity" below.

Original Issue Discount

  Amount of OID:   N/A
  Yield to Maturity:   N/A
  Interest Accrual Date:   N/A
  Initial Accrual Period OID:   N/A

Amortizing Notes:

  Amortization Schedule:   N/A

Additional Terms:

  Interest.  Interest on each Note will be payable on each Interest
Payment Date based on a floating rate per annum derived based upon
the following formula:

I =    P x (A + 1.50%) x  N   x   X 
                         365      Y

Where  I=   Interest payable on the Note on an Interest Payment
            Date or at maturity.
       P=   Principal amount of the Note.
       A=   The Government of India 364-Day Treasury Bill Yield
            (as defined below) per annum expressed on an
            actual/365 day basis as determined on the relevant
            Interest Determination Date.  The Calculation Agent
            has determined that, for the first Interest
            Determination Date, A = 9.8992%
       N=   The actual number of days elapsed since the
            immediately preceding Interest Payment Date or, in the
            case of the first Interest Payment Date, since the
            Original Issue Date.
                       (Floating Rate Notes)
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                       Pricing Supplement No. 2084
                       Dated December 22, 1994
                       Rule 424(b)(3)-Registration Statement No. 
                       33-54009
                       Rule 424(b)(3)-Registration Statement No. 
                       33-54011


       X=   The US Dollar/Indian Rupee Rate (as defined below) on
            the date that is two Business Days prior to the
            Original Issue Date.  The Calculation Agent has
            determined that X = 31.4025.
       Y=   The US Dollar/Indian Rupee Rate on the relevant
            Interest Determination Date.

Payment at Maturity.  Holders of Notes will receive a payment at
maturity in respect of principal on the Notes equal to the
Principal  Component (as defined below) plus interest thereon
(calculated as described under "Interest" above).

Notices.  Notices to holders of the Notes will be given by
publication in an Authorized Newspaper in the English language of
general circulation in the Borough of Manhattan, The City of New
York and London or, if publication in London is not practical,
elsewhere in Western Europe.  Such publication is expected to be
made in The Wall Street Journal and the Financial Times.  Such
notices will be deemed to have been given on the date of such
publication or, if published in such newspapers on different dates,
on the date of the first such publication.

  Certain Defined Terms:

  "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,
London, England, or Bombay, India.

  "Calculation Agent" means Citibank International plc.

  "Cut-off Price" means, with respect to any auction of Government
of India 364-Day Treasury Bills, the cut-off price of the
Government of India 364-Day Treasury Bill from such auction as
quoted in of the South-Asia News Service of the Reuters Monitor
Money Rates Service (or such other service as is designated by
Reuters as the service for displaying the Government of India 364-
Day Treasury Bill) or, if the cut-off price is not available on
such source, as quoted in the Reserve Bank of India press release
relating to such auction.

                       (Floating Rate Notes)
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                       Pricing Supplement No. 2084
                       Dated  December 22, 1994
                       Rule 424(b)(3)-Registration Statement No.
                       33-54009
                       Rule 424(b)(3)-Registration Statement No.
                       33-54011

  "Cut-off Yield" means the result derived by the Calculation Agent
from the following formula:

       Cut-off Yield =  (100 - Cut-off Price)  x 100 x 365
                             Cut-off Price             364

  The Cut-off Yield shall be calculated to the nearest ten-
  thousandth of a percentage point, with five one-hundred
  thousandths of a percentage point rounded upward (e.g., 9.87655%
  (or .0987655) would be rounded to 9.8766% (or .098766)).

  "Government of India 364-Day Treasury Bill Yield" means, with
respect to any Interest Determination Date, the simple average of
the Cut-off Yields of the two most recent Reserve Bank of India
auctions of Government of India 364-Day Treasury Bills held in
Bombay, India prior to and including the Interest Determination
Date, as determined by the Calculation Agent on an actual/365 day
basis.

  "Principal Component" means the principal amount of any Note
payable at maturity derived based on the following formula:


            P  =  A x  X 
               Y


Where  P  =   Principal payable with respect to any Note at
              maturity
       A  =   Face amount of the Note
       X  =   The US Dollar/Indian Rupee Rate on the date that is
              two Business Days prior to the Original Issue Date.
              The Calculation Agent has determined that X = 31.4025
       Y  =   The US Dollar/Indian Rupee Rate on the date that is
              two Business Days prior to the maturity date

       "Reference Banks" means the Bombay head office or branch,
as the case may be, of the following banks:

       The State Bank of India
       Bank of America, National Trust and Savings Association
       ANZ Grindlays Bank
       Canara Bank
       The Hong Kong and Shanghai Bank
       The Indian Overseas Bank
       The Indian Bank

                       (Floating Rate Notes)
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                       Pricing Supplement No. 2084
                       Dated  December 22, 1994
                       Rule 424(b)(3)-Registration Statement No.
                       33-54009
                       Rule 424(b)(3)-Registration Statement No.
                       33-54011


  "US Dollar/Indian Rupee Rate" means, with respect to any date
(the "Applicable Date"), the simple average of quotes as determined
by the Calculation Agent for the mid-market spot exchange rate
representing the number of Indian Rupees that may be purchased for
one United States Dollar for settlement at 12:00 Noon, Indian
Standard Time, on the Applicable Date as quoted by any three of the
Reference Banks selected by the Calculation Agent; provided,
however, that if at least three of the Reference Banks are not
quoting on any Applicable Date as set forth above, the US
Dollar/Indian Rupee Rate with respect to such Applicable Date will
be the US Dollar/Indian Rupee Rate as in effect on the next
preceding Business Day on which at least three of the Reference
Banks are so quoting.

Certain Considerations Relating to an Investment in the Notes

  There is no precedent to indicate how the Notes will trade in the
secondary market or whether such market will be liquid.  Neither
the Company nor the underwriter referred to below under "Plan of
Distribution" can provide any assurance that there will be
secondary market liquidity with respect to the Notes.

  In addition, the trading value of the Notes, as well as the
principal amount of the Notes payable at maturity and the amount of
interest payable with respect to the Notes, may be affected by a
number of interrelated factors, including those listed below:

  Interest Rates in India - Interest on the Notes is calculated,
  in part, based upon the Government of India 364-Day Treasury
  Bill Yield.  Movements in this yield may not necessarily
  approximate movements in the U.S. Treasury Bill yield or other
  interest rates.

  US$/Indian Rupee Exchange Rates - Principal payable on the Notes
  is indexed, and interest payable on the Notes is indexed in
  part, to the US$/Indian Rupee Rate.  If the rupee declines in
  value against the dollar on the day two Business Days prior to
  the maturity date or any Interest Payment Date as compared with
  such rate at the settlement date, a holder's principal payment
  or interest payment, as the case may be, will decline
  accordingly.

  The foregoing factors may be affected by political and economic
events in India or elsewhere in the region.

                       (Floating Rate Notes)
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                       Pricing Supplement No. 2084
                       Dated  December 22, 1994
                       Rule 424(b)(3)-Registration Statement No.
                       33-54009
                       Rule 424(b)(3)-Registration Statement No.
                       33-54011



Plan of Distribution

  The Notes are being purchased by Citibank International plc
("Citibank") 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.  The Company has appointed Citibank as
an Agent under the Amended and Restated Euro Distribution
Agreement, and has agreed to indemnify Citibank against and
contribute toward certain liabilities, including liabilities under
the Securities Act of 1933, as amended.  The commission payable by
the Company to Citibank with respect to Notes sold by it will be
0.0583% of the principal amount of such Notes.