PROSPECTUS                 Pricing Supplement No. 2328 
Dated January 10, 1995     Dated May 1, 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:  May 1, 1995  

Settlement Date (Original Issue Date):  May 8, 1995 

Maturity Date:  May 8, 1997

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

Price to Public (Issue Price):  100.000%  

Agent's Discount or Commission:  0.0628%

Net Proceeds to Issuer (in Specified Currency):  US$99,937,200  

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

  Interest Rate Basis:
  __ CD Rate   __ Commercial Paper Rate   __ Federal Funds Rate
  X  LIBOR   __ Prime Rate  __ Treasury Rate   __ Other

  Spread (Plus or Minus):  minus -0.050%
  Spread Multiplier:  N/A

  Index Maturity:  3 Months
  Index Currency:  US Dollar 

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

  Interest Payment Period:  Quarterly  

  Interest Payment Dates:  Each August 8, November 8, February 8
  and May 8, commencing August 8, 1995



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. 2328
                       Dated May 1, 1995
                       Rule 424(b)(3)-Registration Statement 
                                No. 33-55209

  Initial Interest Rate Per Annum:  To be determined two London
  Business Days prior to the Original Issue Date based upon LIBOR
  minus the Spread.  

  Interest Reset Periods and Dates:  Quarterly 

  Interest Determination Dates:  Two London 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

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

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 0.0628%.

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