PROSPECTUS                 Pricing Supplement No. 2602 
Dated January 10, 1995     Dated November 16, 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:  November 16, 1995  

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

Maturity Date:  November 21, 1997

Principal Amount (in Specified Currency):  US$50,000,000  

Price to Public (Issue Price):  100.00%  

Agent's Discount or Commission:  0.00%

Net Proceeds to Issuer (in Specified Currency):  US$50,000,000  

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

  Spread (Plus or Minus):  plus 0.125%
  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 February 21, May 21, August 21 and
  November 21, commencing February 21, 1996.

  Initial Interest Rate Per Annum:  To be determined two Business
  Days prior to the Original Issue Date based upon the Federal
  Funds Rate plus the Spread.  


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. 2602
                       Dated November 16, 1995
                       Rule 424(b)(3)-Registration Statement 
                                No. 33-55209



  Interest Reset Periods and Dates:  Daily, on each Business Day
  to and including the Business Day immediately preceding the
  Maturity Date.

  Interest Determination Dates:  Two 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


                      (Floating Rate Notes)
                                             Page 3
                       Pricing Supplement No. 2602
                       Dated November 16, 1995
                       Rule 424(b)(3)-Registration Statement 
                                No. 33-55209



Additional Terms:

  Interest.

  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.

  The Calculation Agent will be Salomon Brothers Inc.

Plan of Distribution:

  The Notes are being purchased by Salomon Brothers Inc (the
  "Underwriter"), as principal, at 100% of the aggregate principal
  amount. 

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