PROSPECTUS                 Pricing Supplement No. 2817
Dated January 10, 1995     Dated April 2, 1996
PROSPECTUS SUPPLEMENT      Rule 424(b)(3)-Registration Statement
                                 No. 33-60723
Dated January 25, 1995

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

Trade Date:  April 2, 1996

Settlement Date (Original Issue Date):   April 5, 1996

Maturity Date:  April 5, 2011 (subject to earlier redemption, as
set forth below under "Additional Terms-Redemption")

Principal Amount (in Specified Currency):  US$20,000,000

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:  US$20,000,000

Interest Rate Per Annum:  8.00% for the period from and including
April 5, 1996 to but excluding April 5, 1997; thereafter, 7.00% per
annum for the period from and including April 5, 1997 up to but
excluding the Maturity Date or date of earlier redemption.

Interest Payment Date(s):

  __   March 15 and September 15 of each year
  X    Other: Semi-Annually on April 5 and October 5, commencing
       October 5, 1996 

Repayment, Redemption and Acceleration:

  Initial Redemption Date:  April 5, 1997, and thereafter on any
  Interest Payment Date (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

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. 2817
                       Dated April 2, 1996
                       Rule 424(b)(3)-Registration Statement 
                           No. 33-60723

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

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.

  Interest on the Notes will accrue from and including April 5,
  1996 and will be payable in U.S. dollars semi-annually on April
  5 and October 5 each year, commencing October 5, 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 8.00% per annum from
  and including the Original Issue Date up to but excluding April
  5, 1997; thereafter, the interest rate will be adjusted to 7.00%
  per annum from and including April 5, 1997 to but excluding the
  Maturity Date or date of earlier redemption.


                       (Fixed Rate Notes)
                                               Page 3
                       Pricing Supplement No. 2817
                       Dated April 2, 1996
                       Rule 424(b)(3)-Registration Statement 
                           No. 33-60723


  Optional Redemption.
  
  The Company may at its option elect to redeem the Notes in whole
  on April 5, 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.

  General

  At December 31, 1995, the Company had outstanding indebtedness
  totalling $107.755 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 December 31, 1995 excluding subordinated notes
  payable after one year was equal to $107.058 billion.


Plan of Distribution:

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