PROSPECTUS                 Pricing Supplement No. 2486 
Dated January 10, 1995     Dated August 28, 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:  August 28, 1995  

Settlement Date (Original Issue Date):  August 31, 1995 

Maturity Date:  August 28, 1997

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

Interest Rate:
  Interest Calculation:
  X  Regular Floating Rate
  __ Inverse Floating Rate
  __ Other Floating Rate

  Interest Rate Basis:  __ CD Rate   __ Commercial Paper Rate
  X  Federal Funds Rate __ LIBOR   __ Prime Rate
  __ Treasury Rate
  __ Other  (See "Additional Terms--Interest" below).

  Spread (Plus or Minus):  plus 0.150%
  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:  Each November 28, February 28, May 28
  and August 28, commencing November 28, 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. 2486
                       Dated August 28, 1995
                       Rule 424(b)(3)-Registration Statement 
                                No. 33-55209



  Initial Interest Rate Per Annum:  The interest rate applicable
  to the period from and including the Original Issue Date to but
  excluding the first Interest Reset Date shall be 5.85%.

  Interest Reset Periods and Dates:  Weekly, on each Tuesday and
  on each Interest Payment Date. 

  Interest Determination Dates:  The Friday immediately preceding
  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



                      (Floating Rate Notes)
                                             Page 3
                       Pricing Supplement No. 2486
                       Dated August 28, 1995
                       Rule 424(b)(3)-Registration Statement 
                                No. 33-55209



Indexed Notes:

  Currency Base Rate:  N/A

Additional Terms:

  Interest.

  The interest rate applicable to each weekly Interest Reset
  Period will equal the Federal Funds Rate (as defined below) plus
  the Spread set forth on the cover page of this Pricing
  Supplement.  Interest will be payable quarterly on each November
  28, February 28, May 28 and August 28, commencing on November
  28, 1995 and on the Maturity Date (each, an "Interest Payment
  Date").  Interest will reset on each Tuesday and on each
  Interest Payment Date (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 Friday immediately preceding such 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.

  "Federal Funds Rate" means, with respect to an Interest Reset
  Date, the rate (expressed as a percentage per annum) that
  appears opposite the caption "Federal Funds FRB-H.15" for the
  seven- day period ending on the Interest Determination Date
  pertaining to such Interest Reset Date on Telerate Page 122 (as
  defined below) as of 11:00 a.m., New York City time, on such
  Interest Determination Date; if such rate is not available on
  Telerate Page 122 for any Interest Determination Date, than the
  "Fed Funds Rates" for the related Interest Reset Date shall be
  the "Federal Funds (effective) Week Ending" rate applicable to
  such Interest Determination Date as published in Federal Reserve
  Statistical Release H.15(519); if such rate is not available on
  Telerate Page 122 or H.15(519) for any Interest Determination
  Date, than the rate shall be determined by the Calculation Agent
  based upon the arithmetic mean of the rates for the last
  transaction in overnight United States dollar Federal funds as 



                      (Floating Rate Notes)
                                             Page 4
                       Pricing Supplement No. 2486
                       Dated August 28, 1995
                       Rule 424(b)(3)-Registration Statement 
                                No. 33-55209



of 9:00 a.m., New York City time, on such Interest Determination
Date arranged by three leading brokers of Federal funds
transactions in The City of New York selected by the Calculation
Agent; provided, however, that if the brokers selected as aforesaid
by the Calculation Agent are not quoting as set forth above, the
Federal Funds Rate with respect to such Interest Determination Date
shall be the Federal Funds Rate in effect on such Interest
Determination Date.  

  "Telerate Page 122" means the display designated as "Page 122"
  on the Telerate Service (or such other page as may replace Page
  122 on that service or such other service as may be nominated as
  the information vendor for the purpose of displaying Federal
  funds rates). 

  CS First Boston Corporation will act as the Calculation Agent for
the Notes.

Plan of Distribution:

  The Notes are being distributed by CS First Boston Corporation,
  as agent (the "Agent"), at the Issue Price set forth on the
  cover page hereof.