PROSPECTUS                 Pricing Supplement No. 2416
Dated January 10, 1995     Dated July 10, 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:  July 10, 1995

Settlement Date (Original Issue Date):  July 14, 1995

Maturity Date:  July 14, 2010 (unless earlier redeemed as described
under "Additional Terms--Optional Redemption" below.)

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

Price to Public (Issue Price):  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.  For
further information with respect to any discounts, commissions or
profits on resales of Notes that may be deemed underwriting
discounts or commissions, see "Plan of Distribution" below.

Agent's Discount or Commission:  The Notes will be sold at varying
prices to be determined by the Underwriter at the time of each
sale.

Net Proceeds to Issuer:  $25,000,000

Interest Rate Per Annum:  7.00% (See "Additional Terms-Interest"
below)

Interest Payment Date(s):

  __  March 15 and September 15 of each year
  X   Other: The 14th day of each month, commencing on August 14,
       1995

Repayment, Redemption and Acceleration

  Optional Repayment Date(s):  N/A
  Initial Redemption Date:  July 14, 1997 (See  "Additional Terms-
       Redemption" below)
  Initial Redemption Percentage:  100.00%
  Annual Redemption Percentage Reduction:  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. 2416
                       Dated July 10, 1995
                       Rule 424(b)(3)-Registration Statement 
                           No. 33-55209


Form of Notes:

  X  DTC registered
  __ non-DTC registered

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 Terms:

  Interest.

  The Notes will accrue interest at the rate of 7.00% per annum
  which will be payable on the 14th day of each month, commencing
  August 14, 1995 (each, an "Interest Payment Date").  Interest
  will be calculated and paid based on the number of days in the
  period in respect of which payment is being made divided by 360
  (the number of days to be calculated on the basis of a year of
  360 days consisting of twelve 30-day months).  As a result, the
  amount payable on each Interest Payment Date will remain
  constant irrespective of the actual number of days since the
  preceding monthly Interest Payment Date.

                       (Fixed Rate Notes)
                                               Page 3
                       Pricing Supplement No. 2416
                       Dated July 10, 1995
                       Rule 424(b)(3)-Registration Statement 
                           No. 33-55209



  Redemption.

  The Company may at its option elect to redeem the Notes in whole
  but not in part on July 14, 1997 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.

Plan of Distribution:

  The Notes are being purchased by Lehman Brothers Inc. (including
  Lehman Government Securities Inc.), as principal (the
  "Underwriter"), at a purchase price of 100.00% of the aggregate
  principal amount of the Notes.

  The Underwriter has advised the Company that the Underwriter
  proposes to offer the Notes from time to time for sale in
  negotiated transactions or otherwise, at prices determined at
  the time of sale.

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