PROSPECTUS                 Pricing Supplement No. 2086
Dated April 1, 1994        Dated January 3, 1995
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, SERIES A
                      (Floating Rate Notes)



Trade Date:  January 3, 1995

Settlement Date (Original Issue Date): January 10, 1995

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

Price to Public (Issue Price):  100.00%

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

Maturity Date: January 10, 1996

Net Proceeds to Issuer (in Specified Currency):  US$99,940,000

Agent's Discount or Commission: 0.0600%

Interest Rate:

  Interest Calculation:
  X  Regular Floating Rate
  __ Inverse Floating Rate
  __ Other Floating Rate  
       (as described below under "Additional Terms")

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

  Spread (Plus or Minus):  Minus 2.600%
  Spread Multiplier:  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)
                                                       Page 2
                       Pricing Supplement No. 2086
                       Dated January 3, 1995
                       Rule 424(b)(3)-Registration Statement 
                                No. 33-54009
                       Rule 424(b)(3)-Registration Statement 
                                No. 33-54011



  Index Maturity:  N/A
  Index Currency:  N/A

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

  Alternate Rate Event Spread:  N/A

  Initial Interest Rate Per Annum:  N/A 

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

  Interest Payment Dates if other than as set forth in the
  Prospectus Supplement:  Each April 10, July 10, October 10 and
       January 10, commencing April 10, 1995

  Interest Reset Periods and Dates:
  X  Daily    __ Weekly    __ Monthly    __ Quarterly
  __ Semiannually   __ Annually: (See "Additional Terms" Interest")

  Interest Determination Dates if other than as set forth in the
  Prospectus Supplement:  Two Business Days prior to each Interest
        Reset Date.               

Form of Notes:

  X  DTC registered
  __ non-DTC registered

Repayment, Redemption and Acceleration:

  Optional Repayment Date:  N/A
  Annual redemption Percentage Reduction:  N/A
  Initial Redemption Date:  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              


                      (Floating Rate Notes)
                                                       Page 3
                       Pricing Supplement No. 2086
                       Dated January 3, 1995
                       Rule 424(b)(3)-Registration Statement 
                                No. 33-54009
                       Rule 424(b)(3)-Registration Statement 
                                No. 33-54011




Amortizing Notes:

  Amortization Schedule: N/A 

Dual Currency Notes:

  Face Amount Currency:  N/A
  Optional Payment Currency: N/A  
  Designated Exchange Rate:  N/A

Indexed Notes:

  Currency Base Rate:  N/A

Additional Terms:

  Interest.

  The interest rate applicable to each daily Interest Reset Period
  will equal the Prime Rate (as defined below) minus the Spread
  set forth on the cover page of this Pricing Supplement. 
  Interest will be payable quarterly on each April 10, July 10,
  October 10 and January 10, commencing April 10, 1995 (each, an
  "Interest Payment Date").  Interest will reset each Business Day
  (each, an "Interest Reset Date") from the Original Issue Date up
  to but excluding the Maturity Date.  The Interest Determination
  Date with respect to an Interest Reset Date will be two Business
  Days prior to each Interest Reset Date.  Interest payments on
  the Notes will equal the amount of interest accrued from and
  including the next preceding Interest Payment Date in respect of
  which interest has been paid (or from and including the Original
  Issue Date, if no interest has been paid with respect to the
  Notes) to but excluding the related Interest Payment Date.

  "Prime Rate" means, with respect to any Interest Reset Date, the
  rate appearing on Telerate Page 125 (as defined below) on the
  related Interest Determination Date under the heading "Bank
  Prime Rate History".  If Telerate Page 125 is not available on
  such Interest Determination Date, then the Prime Rate for the 


                      (Floating Rate Notes)
                                                       Page 4
                       Pricing Supplement No. 2086
                       Dated January 3, 1995
                       Rule 424(b)(3)-Registration Statement 
                                No. 33-54009
                       Rule 424(b)(3)-Registration Statement 
                                No. 33-54011




  related Interest Reset Date shall be the rate appearing in the
  Federal Reserve Statistical Release H.15(519) opposite the
  caption "Bank Prime Loan" for such Interest Determination Date. 
  If Telerate Page 125 and the Federal Reserve Statistical Release
  H.15(519) are not available on any Interest Determination Date,
  the Prime Rate applicable to such Interest Reset Date shall be
  the arithmetic mean of the rates appearing on Telerate Page 38
  (as defined below) under the heading "Prime Rates-Top 30 U.S.
  Banks" on such date.  If Telerate Page 125, the Federal Reserve
  Statistical Release H.15(519) and Telerate Page 38 are
  unavailable on any Interest Determination Date with respect to
  an Interest Reset Date, then the Prime Rate will be based on the
  arithmetic mean of the prime rates or base lending rates (quoted
  on the basis of the actual numbers of days in the year divided
  by a 360-day year) quoted by three major money center banks in
  the City of New York selected by the Calculation Agent;
  provided, however, that if fewer than three banks selected as
  aforesaid by the Calculation Agent are quoting as described in
  this sentence, the Prime Rate applicable to such Interest Reset
  Date shall be the Prime Rate in effect on such Interest Reset
  Date.  Telerate Pages 125 and 38 mean the display pages
  designated as Page 125 and Page 38, respectively, on the Dow
  Jones Telerate Service (or such other pages as may replace such
  pages on that service, or such other service as may be nominated
  as the information vendor, for the purposes of displaying rates
  comparable to the prime rate).

  Goldman Sachs & Co. will serve as Calculation Agent.

Plan of Distribution:

  The Notes are being purchased by Goldman Sachs & Co.
  (hereinafter referred to as the "Underwriter"), as principal, at
  the public offering price of 100% of the aggregate principal
  amount of the Notes less commissions of 0.0600%.  The Company
  has agreed to indemnify the Underwriter against and contribute
  toward certain liabilities, including liability under the
  Securities Act of 1933, as amended.