PROSPECTUS                      Pricing Supplement No. 2690
Dated January 10, 1995          Dated January 11, 1996
PROSPECTUS SUPPLEMENT           Rule 424(b)(3)-Registration
Dated January 25, 1995          Statement No. 33-60723

              GENERAL ELECTRIC CAPITAL CORPORATION
               GLOBAL MEDIUM-TERM NOTES, SERIES A
                (Redeemable Step Up Coupon Notes)

Principal Amount:                       US$25,000,000  

Trade Date:                             January 11, 1996

Settlement Date 
(Original Issue Date):                  January 18, 1996

Maturity Date:                          
  January 18, 2011 (unless earlier redeemed as described under
  "Additional Terms--Optional Redemption" below.)
       
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 
(in Specified Currency):                US$25,000,000

Interest:

Interest Rate:
  The Notes will pay interest at the rate of 6.55% per annum for
  the period from the Original Issue Date up to but excluding the
  Interest Payment Date scheduled to occur on January 18, 1997;
  thereafter, the interest rate on the Notes will reset annually
  on each January 18 in accordance with the schedule set forth
  under "Additional Terms--Interest" below. 

Interest Payment Period:
       ___ Annual     X  Semi-Annual    ___ Monthly
       ___ Quarterly

POTENTIAL PURCHASERS OF THE NOTES ARE URGED TO READ THIS PRICING
SUPPLEMENT THOROUGHLY TOGETHER WITH THE ACCOMPANYING PROSPECTUS
DATED JANUARY 10, 1995 AND PROSPECTUS SUPPLEMENT DATED JANUARY 25,
1995. SEE "CERTAIN INVESTMENT CONSIDERATIONS" HEREIN. 

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

                                                       Page 2
                       Pricing Supplement No. 2690 
                       Dated January 11, 1996
                       Rule 424(b)(3)-Registration
                       Statement No. 33-60723

Interest Payment Dates:
   July 18 and January 18 of each year, commencing July 18, 1996,
   up to and including the Maturity Date unless earlier redeemed. 
   See "Additional Terms--Interest" below.

Repayment, Redemption and Acceleration:

Initial Redemption Date:        January 18, 1997 (See 
                                "Additional Terms--Redemption"
                                below)
Initial Redemption Percentage:  100%
Optional Repayment Date:        Not applicable ("N/A")           

Form of Notes:

    X  DTC registered        ___ non-DTC registered

The Notes will be available in denominations of $1,000 and
increments of $1,000 in excess thereof.

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

Indexed Notes:

    Currency Base Rate:  N/A



                                                       Page 3
                       Pricing Supplement No. 2690 
                       Dated January 11, 1996
                       Rule 424(b)(3)-Registration
                       Statement No. 33-60723

Additional Terms:

Interest.  

Interest on the Notes will accrue from January 18, 1996 and will be
payable in U.S. dollars semi-annually on July 18 and January 18 of
each year, commencing July 18, 1996 up to and including the
Maturity Date or date of earlier redemption (each, an "Interest
Payment Date").  Interest will accrue from and including each
Interest Payment Date to but excluding the next succeeding Interest
Payment Date.  In the event an Interest Payment Date falls on a day
other than a Business Day, interest will be paid on the next
succeeding Business Day and no interest on such payment shall
accrue for the period from and after such Interest Payment Date to
such next succeeding Business Day.  The interest rate on the Notes
will be equal to 6.55% per annum from and including the Original
Issue Date up to but excluding January 18, 1997.  Thereafter, the
interest rate will be subject to adjustment annually on each
January 18 in accordance with the following schedule:

                       Interest Period                            
     Interest Rate
                                                       
  January 18, 1997 to January 17, 1998  6.600% per annum
  January 18, 1998 to January 17, 1999  6.650% per annum
  January 18, 1999 to January 17, 2000  6.700% per annum
  January 18, 2000 to January 17, 2001  6.750% per annum
  January 18, 2001 to January 17, 2002  6.800% per annum
  January 18, 2002 to January 17, 2003  6.850% per annum
  January 18, 2003 to January 17, 2004  6.900% per annum
  January 18, 2004 to January 17, 2005  6.950% per annum
  January 18, 2005 to January 17, 2006  7.050% per annum
  January 18, 2006 to January 17, 2007  7.150% per annum
  January 18, 2007 to January 17, 2008  7.250% per annum
  January 18, 2008 to January 17, 2009  7.350% per annum
  January 18, 2009 to January 17, 2010  7.500% per annum
  January 18, 2010 to January 17, 2011  8.000% per annum

Optional Redemption.
  
The Company may at its option elect to redeem the Notes in whole on
January 18, 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.


                                                       Page 4
                       Pricing Supplement No. 2690 
                       Dated January 11, 1996
                       Rule 424(b)(3)-Registration
                       Statement No. 33-60723

Certain Investment Considerations:

Prospective purchasers of the Notes should be aware that the Notes
will pay interest at different fixed rates each year through the
Maturity Date unless earlier redeemed by the Company.  Prospective
purchasers should also be aware that the Company has the option to
redeem the Notes on any Optional Redemption Date and will be likely
to elect to redeem the Notes in the event prevailing market
interest rates are lower than the then-current interest rate on the
Notes.

Additional Terms:

General

At September 30, 1995, the Company had outstanding indebtedness
totalling $100.241 billion, consisting of notes payable within one
year, senior notes payable after one year and subordinated notes
payable after one year.  The total amount of outstanding
indebtedness at September 30, 1995 excluding subordinated notes
payable after one year was equal to $99.544 billion.

Plan of Distribution:

The Notes are being purchased by Lehman Brothers Inc. (hereinafter
referred to as the "Underwriter") as principal at a purchase price
of 100% 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 and
contribute toward certain liabilities, including liability under
the Securities Act of 1933, as amended.