PROSPECTUS                 Pricing Supplement No. 2371
Dated January 10, 1995     Dated May 31, 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
                       (Fixed Rate Notes)

Trade Date:  May 31, 1995

Settlement Date (Original Issue Date):  June 21, 1995

Maturity Date:  June 21, 2007 (unless earlier redeemed as described
under "Additional Terms--Optional Redemption" below.

Principal Amount (in Specified Currency): US$20,000,000

Price to Public (Issue Price):  The Notes will be sold at varying
prices to be determined by the Underwriter at the time of each
sale.  See "Plan of Distribution" below.

Agent's Discount or Commission:  The Notes are being purchased by
the Underwriter at 100.00% of their principal amount and will be
sold at varying prices to be determined at the time of sale. See
"Plan of Distribution" below.

Net Proceeds to Issuer:  US$20,000,000

Interest Rate Per Annum:  7.00%

Interest Payment Date(s):

  __   March 15 and September 15 of each year
  X    Other: Each June 21, September 21, December 21 and March
       21, commencing on September 21, 1995

Form of Notes:

  X  DTC registered
  __ non-DTC registered


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. 2371
                       Dated May 31, 1995
                       Rule 424(b)(3)-Registration Statement 
                           No. 33-55209


Repayment, Redemption and Acceleration

  Initial Redemption Date:  June 21, 1996 (See  "Additional Terms-
  -Redemption" below)
  Initial Redemption Percentage:  100%
  Optional Repayment Date:   Not applicable ("N/A")

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

Additional Term:

  Optional Redemption.

  The Company may at its option elect to redeem the Notes in whole
  or in part on June 21, 1996 or on any Interest Payment Date
  thereafter (each such date, an "Optional Redemption Date") at
  100% of their principal amount plus accrued interest to but
  excluding the date of redemption (the "Redemption Date").  In
  the event the Company elects to redeem the Notes, notice will be
  given to registered holders not more than 60 nor less than 30
  days prior to the Redemption Date.



                       (Fixed Rate Notes)
                                               Page 3
                       Pricing Supplement No. 2371
                       Dated May 31, 1995
                       Rule 424(b)(3)-Registration Statement 
                           No. 33-55209



Plan of Distribution:

  The Notes are being purchased by Salomon Brothers Inc
  (hereinafter referred to as the "Underwriter") as principal at
  a purchase price of 100.00% of the aggregate principal amount of
  the Notes.  The Notes will be sold to the public at varying
  prices to be determined by the Underwriter at the time of each
  sale.  The net proceeds to the Corporation will be 100% of the
  principal amount of the Notes. 

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