1PROSPECTUS                Pricing Supplement No. 2374 
Dated January 10, 1995     Dated June 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:  June 1, 1995  

Settlement Date (Original Issue Date):  June 7, 1995 

Maturity Date:  June 7, 1996

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

Price to Public (Issue Price):  100.000%  

Agent's Discount or Commission:  0.0095%

Net Proceeds to Issuer (in Specified Currency):  US$24,997,625  

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
  __ LIBOR   X  Prime Rate  __ Treasury Rate
  __ Other  (See "Additional Terms--Interest below).

  Spread (Plus or Minus):  minus 2.80%
  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: Every September 7, December 7, March 7
  and June 7, commencing
          September 7, 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. 2374
                       Dated June 1, 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 Prime 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

Additional Terms:

  Interest.

  The interest rate applicable to each daily Interest Reset Period
  will equal the Prime Rate (as defined below) minus the Spread


                      (Floating Rate Notes)
                                             Page 3
                       Pricing Supplement No. 2374
                       Dated June 1, 1995
                       Rule 424(b)(3)-Registration Statement 
                                No. 33-55209


set forth on the cover page of this Pricing Supplement.  Interest
will be payable quarterly on each September 7, December 7, March 7
and June 7, commencing September 7, 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 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.

  "Prime Rate" means, with respect to any Interest Reset Date, the
rate (expressed on the basis of the actual number of days in the
year divided by 360) appearing on Telerate Page 125 (as defined
below) as of 11:00 a.m., New York City time, on the related
Interest determination Date under the heading "Bank Prime Rate
History".  If Telerate Page 125 is not available for such Interest
Determination Date, then the Prime Rate for the 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 for 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) as of
11:00 a.m., New York City time, on such Interest Determination Date
under the heading "Prime Rates-Top 30 U.S. Banks".  If Telerate
Page 125, the Federal Reserve Statistical Release H.15(519) and
Telerate Page 38 are unavailable for 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 number 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 Page 125" and "Telerate Page 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).


                      (Floating Rate Notes)
                                             Page 4
                       Pricing Supplement No. 2374
                       Dated June 1, 1995
                       Rule 424(b)(3)-Registration Statement 
                                No. 33-55209


Plan of Distribution:

  The Notes are being purchased by Merrill Lynch, Pierce, Fenner
& Smith Incorporated (the "Underwriter"), as principal, at 100% of
the aggregate principal amount less an underwriting discount equal
to .0095%.

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