PROSPECTUS                 Pricing Supplement No. 2358
Dated January 10, 1995     Dated May 18, 1995
PROSPECTUS SUPPLEMENT      Rule 424(b)(3)-Registration Statement
Dated January 25, 1995     No. 33-55209


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

Trade Date:  May 16, 1995

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

Maturity Date:  May 24, 1996

Principal Amount (in Specified Currency): US$25,000,000

Price to Public (Issue Price): 100.00%

Agent's Discount or Commission: 0.0750%

Net Proceeds to Issuer:  US$24,981,250

Interest Rate Per Annum:  6.09%

Interest Payment Date(s):

   X   September 15, 1995, March 15, 1996 and the Maturity Date

  ___  Other:

Form of Notes:

   X  DTC registered        ___ non-DTC registered

Repayment, Redemption and Acceleration

  Optional Repayment Date(s):  N/A
  Initial Redemption Date:  N/A
  Initial Redemption Percentage:  N/A
  Annual Redemption Percentage Reduction:  N/A
  Modified Payment Upon Acceleration:  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.

                       (Fixed Rate Notes)
                                                           Page 2
                       Pricing Supplement No. 2358
                       Dated May 18, 1995
                       Rule 424(b)(3)-Registration Statement
                       No. 33-55209


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

Dual Currency Notes:

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

Indexed Notes:

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

Plan of Distribution:

  The Notes are being distributed by Smith Barney Inc., as agent
(the "Agent"), at the Issue Price set forth on the cover page
hereof.  The Agent will receive a selling commission equal to
0.0750%.