PROSPECTUS                 Pricing Supplement No. 3004
Dated January 10, 1995     Dated June 16, 1997
PROSPECTUS SUPPLEMENT      Rule 424(b)(3)-Registration Statement
Dated January 25, 1995     No. 33-60723

              GENERAL ELECTRIC CAPITAL CORPORATION
               GLOBAL MEDIUM-TERM NOTES, SERIES A
                  (Redeemable Fixed Rate Notes)

Trade Date:  June 16, 1997

Settlement Date (Original Issue Date):  June 19, 1997

Maturity Date:  June 19, 2012 (subject to earlier redemption, as
  set forth under "Additional Terms-Redemption")

Principal Amount (in Specified Currency): US$25,000,000

Price to Public (Issue Price): 100.00%

Agent's Discount or Commission: 0.00%

Net Proceeds to Issuer:  US$25,000,000

Interest Rate Per Annum:  7.125%

Interest Payment Date(s):

  ___  March 15 and September 15 of each year
   X   Other: Monthly on the 19th day of each month, commencing on
       July 19, 1997 (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:  June 19, 1998, 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. 3004
                      Dated June 16, 1997
                      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 June 19, 1998 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. 3004
                      Dated June 16, 1997
                      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 March 29, 1997, the Company had outstanding indebtedness
  totalling $119.663 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 March 29, 1997 excluding subordinated notes
  payable after one year was equal to $118.966 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 31,              Three Months Ended
     1992    1993    1994    1995    1996    March 29, 1997
     1.44    1.62    1.63    1.51    1.53    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, 1996, and the Company's Quarterly Report on Form 10-Q for
   the quarter ended March 29, 1997 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. 3004
                      Dated June 16, 1997
                      Rule 424(b)(3)-Registration Statement
                      No. 33-60723

Plan of Distribution:

  The Notes are being purchased by Smith Barney Inc. (the
  "Underwriter"), as principal, at the Issue Price of 100.00% 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.