PROSPECTUS                 Pricing Supplement No. 2309 
Dated January 10, 1995     Dated April 20, 1995
PROSPECTUS SUPPLEMENT      Rule 424(b)(3)-Registration Statement
                                 No. 33-55209
Dated January 25, 1995

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

Trade Date:  April 20, 1995  

Settlement Date (Original Issue Date):  April 25, 1995 

Maturity Date:  April 25, 1997

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

Price to Public (Issue Price):  100.000%  

Agent's Discount or Commission:  0.0500%

Net Proceeds to Issuer (in Specified Currency):  US$99,950,000  

Interest Rate:
  Interest Calculation:
  X  Regular Floating Rate  
  __ Inverse Floating Rate
  __ Other Floating Rate

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

  Spread (Plus or Minus):  plus 0.190%
  Spread Multiplier:  N/A

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

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

  Interest Payment Period:  Quarterly  

  Interest Payment Dates: July 25, 1995, October 25, 1995, January
  25, 1996, April 25, 1996, July 25, 1996, October 25, 1996,
  January 25, 1997 and April 25, 1997


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. 2309
                       Dated April 20, 1995
                       Rule 424(b)(3)-Registration Statement 
                                No. 33-55209


  Initial Interest Rate Per Annum:  To be determined one Business
  Day prior to the Original Issue Date based upon the Federal
  Funds Rate plus the Spread.  

  Interest Reset Periods and Dates:  Daily, on each Business Day 

  Interest Determination Dates:  One Business Day 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

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


                      (Floating Rate Notes)
                                                       Page 3
                       Pricing Supplement No. 2309
                       Dated April 20, 1995
                       Rule 424(b)(3)-Registration Statement 
                                No. 33-55209



Additional Terms:

  Interest.

  The interest rate applicable to each daily Interest Reset Period
  will equal the Federal Funds Rate (as defined below) plus the
  Spread set forth on the cover page of this Pricing Supplement. 
  Interest will be payable quarterly on July 25, 1995, October 25,
  1995, January 25, 1996, April 25, 1996, July 25, 1996, October
  25, 1996, January 25, 1997 and April 25, 1997 (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 one Business
  Day 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.

  Further information with respect to the determination of the
  Federal Funds Rate is provided under the caption "DESCRIPTION OF
  NOTES--Interest and Interest Rate--Floating Rate Notes--Federal
  Funds Rate Notes" in the accompanying Prospectus Supplement.

  J.P. Morgan Securities Inc. will act as the Calculation Agent for
the Notes.
  
Plan of Distribution:

  The Notes are being purchased by J.P. Morgan Securities Inc.
  (the "Underwriter"), as principal, at the Public Offering Price
  set forth on the cover page hereof less an underwriting discount
  equal to 0.050%.

  The Company has agreed to indemnify the Underwriter against and
  contribute toward certain liabilities, including liability under
  the Securities Act of 1933, as amended.