PROSPECTUS                                     Pricing Supplement No. 2933
Dated January 10, 1995                         Dated December 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 Fixed Rate Notes)
Trade Date:  December 11, 1996

Settlement Date (Original Issue Date):  December 16, 1996

Maturity Date:  December 16, 2011 (subject to earlier redemption,
     as set forth 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:  7.20%

Interest Payment Date(s):

     ___  March 15 and September 15 of each year
      X   Other: Monthly on the 16th day of each month, commencing on
             January 16, 1997, and ending on the Maturity Date (each
             period from and including an Interest Payment Date or the
             Original Issue Date, as the case may be, to but excluding
             the next succeeding Interest Payment Date are referred to
             herein as an "Interest Period")
Form of Notes:

      X  DTC registered   ___ non-DTC registered

Repayment, Redemption and Acceleration

Initial Redemption Date:  December 16, 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. 2933
                                       Dated December 11, 1996
                                       Rule 424(b)(3)-Registration
                                       Statement No. 33-60723

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
     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.
     
     Accrued interest on the Notes for each Interest Period shall be
     calculated and paid based on the number of days in such Period
     divided by 360 (the number of days in such Period to be
     calculated on the basis of a year of 360 days consisting of
     twelve 30-day months).  As a result, the amount payable on each
     Interest Payment Date will remain constant irrespective of the
     actual number of days that have elapsed since the preceding
     Interest Payment Date.  
 
     Optional Redemption.
     
     The Company may at its option elect to redeem the Notes in whole
     on December 16, 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.


                                              (Fixed Rate Notes)
                                               Page 3
                                       Pricing Supplement No. 2933
                                       Dated December 11, 1996
                                       Rule 424(b)(3)-Registration
                                       Statement No. 33-60723

     Certain Covenants of the Company.

     As of August 1, 1996, the Company entered into a supplemental
     indenture with The Chase Manhattan Bank, as trustee, eliminating
     the covenants of the Company described in the Prospectus under
     the caption "Certain Covenants of the Company".  Consequently,
     the information under such caption is not applicable to the
     Notes.

Additional Information:                

     General.

     At September 28, 1996, the Company had outstanding indebtedness
     totalling $114.704 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 28, 1996 excluding subordinated notes
     payable after one year was equal to $104.007 billion.

     Consolidated Ratio of Earning to Fixed Charges.

     The information contained in the Prospectus under the caption
     "Consolidated Ratio of Earnings to Fixed Charges" is hereby
     amended in its entirety, as follows:

                 Year Ended December                     Nine Months Ended
         1991    1992     1993     1994     1995         September 28, 1996
         1.34    1.44     1.62     1.63     1.51                1.56

             For purposes of computing the consolidated ratio of
     earnings to fixed charges, earnings consist of net earnings
     adjusted for the provision for income taxes, minority interest
     and fixed charges.  Fixed charges consist of interest and
     discount on all indebtedness and one-third of rentals, which the
     Company believes is a reasonable approximation of the interest
     factor of such rentals.

     Documents Incorporated by Reference.

     The information contained in the Prospectus in the first
     paragraph of text under the caption "Documents Incorporated by
     Reference" is hereby amended in its entirety, as follows:  There
     is hereby incorporated in the Prospectus by reference the
     Company's Annual Report on Form 10-K for the year ended December
     31, 1995, the Company's Quarterly Reports on Form 10-Q for the
     quarters ended March 31, 1996, June 29, 1996 and September 28,
     1996 and the Company's Form 8-K dated June 28, 1996 heretofore
     filed with the Securities and Exchange Commission pursuant to
     the 1934 Act, to which reference is hereby made.

                                              (Fixed Rate Notes)
                                               Page 4
                                       Pricing Supplement No. 2933
                                       Dated December 11, 1996
                                       Rule 424(b)(3)-Registration
                                       Statement No. 33-60723

Plan of Distribution:

     The Notes are being purchased by Bear, Stearns & Co. Inc. (the
     "Underwriter"), as principal, at the Issue Price of 100.00% 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.