PROSPECTUS                 Pricing Supplement No. 2470
Dated January 10, 1995     Dated August 21, 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:  August 21, 1995

Settlement Date (Original Issue Date):  August 24, 1995

Maturity Date:  August 22, 2010

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

Price to Public (Issue Price): 100.00%

Agent's Discount or Commission: 0.00%

Net Proceeds to Issuer:  US$25,000,000

Interest Rate Per Annum:  7.00%

Interest Payment Date(s):

  __   March 15 and September 15 of each year
  X    Other: Monthly on the 22nd of each month, commencing
       September 22, 1995 (with respect to the period from and
       including August 24, 1995 to but excluding September 22,
       1995)

Form of Notes:

  X    DTC registered
  __   non-DTC registered

Repayment, Redemption and Acceleration:

  Initial Redemption Date:  August 22, 1997 (See  "Additional
  Terms--Redemption" below)
  Initial Redemption Percentage:  100%
  Optional Repayment Date:   Not applicable ("N/A")
  Annual Redemption Percentage Reduction:  N/A
  Modified Payment Upon Acceleration: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


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. 2470
                       Dated August 21, 1995
                       Rule 424(b)(3)-Registration Statement 
                           No. 33-55209



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 22nd day of each month, commencing
  September 22, 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 or the Original Issue
  Date (in the case of the first Interest Payment Date).

  Optional Redemption.
  
  The Company may at its option elect to redeem the Notes in whole
  or in part on August 22, 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.


                       (Fixed Rate Notes)
                                               Page 3
                       Pricing Supplement No. 2470
                       Dated August 21, 1995
                       Rule 424(b)(3)-Registration Statement 
                           No. 33-55209



Plan of Distribution:

  The Notes are being purchased by Bear, Stearns & Co. Inc. (the
  "Underwriter"), as principal, at the issue price set forth on
  the cover page hereof.

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