PROSPECTUS                             Pricing Supplement No. 2895
Dated January 10, 1995                 Dated September 25, 1996
PROSPECTUS SUPPLEMENT                  Rule 424(b)(3)-Reg.Statement No.33-60723
Dated January 25,1995




                    GENERAL ELECTRIC CAPITAL CORPORATION
                     GLOBAL MEDIUM-TERM NOTES, SERIES A

                            (Fixed Rate Notes)


Principal Amount (in Specified Currency): USD 10,000,000.00.  If principal
amount is stated in a currency other than U.S. dollars, equivalent amount in
U.S. dollars: $ 10,000,000.00

Maturity Date: 9/30/97

Interest Rate Per Annum: 5.7500%

Price to Public (Issue Price): 100.000%

Agent's Commission: .075%

Settlement Date (Original Issue Date): 9/30/96

Interest Payment Date(s):

                          _X_  March 15 and September 15 of each year
                          ___  Other:


Form of Notes:  _X_  DTC registered   ___  non-DTC registered

The notes are not payable or redeemable prior to the Maturity Date set forth
above.

Paine Webber is acting as agent in connection with the distributions of
the Notes and will receive the commissions set forth above for acting in such
capacity.

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.

global.r7