PROSPECTUS                      Amended Pricing Supplement No. 3007
Dated January 10, 1995          Dated June 26, 1997
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$20,000,000  

Trade Date:                         June 23, 1997

Settlement Date 
(Original Issue Date):              June 26, 1997

Maturity Date:   June 26, 2012 (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$20,000,000

Interest:

  Interest Rate:  The Notes will pay interest at the rate of 7.00%
       per annum for the period from the Original Issue Date up to
       but excluding the Interest Payment Date scheduled to occur
       on June 26, 1998; thereafter, the interest rate on the
       Notes will reset annually on each June 26 in accordance
       with the schedule set forth under "Additional Terms--
       Interest" below. 

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

  Interest Payment Dates:  June 26 and December 26 of each year,
       commencing December 26, 1997, unless earlier redeemed.  See
       "Additional Terms--Interest" below.

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

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                      Amended Pricing Supplement No. 3007 
                      Dated June 26, 1997
                      Rule 424(b)(3)-Registration
                      Statement No. 33-60723

Repayment, Redemption and Acceleration:

Initial Redemption Date:  June 26, 1998 (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

Additional Terms:

  Interest.  

  Interest on the Notes will accrue from June 26, 1997 and will be
  payable in U.S. dollars semi-annually on June 26 and December 26
  of each year, commencing December 26, 1997 (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 7.00% per annum from and
  including the Original Issue Date up to but excluding June 26,
  1998.  Thereafter, the interest rate will be subject to
  adjustment annually on each June 26 in accordance with the
  following schedule:

                                Page 3
                      Amended Pricing Supplement No. 3007
                      Dated June 26, 1997
                      Rule 424(b)(3)-Registration
                      Statement No. 33-60723

       Interest Period                            Interest Rate
                                                  
       June 26, 1998 to June 25, 1999           7.050% per annum
       June 26, 1999 to June 25, 2000           7.100% per annum
       June 26, 2000 to June 25, 2001           7.150% per annum
       June 26, 2001 to June 25, 2002           7.200% per annum
       June 26, 2002 to June 25, 2003           7.250% per annum
       June 26, 2003 to June 25, 2004           7.300% per annum
       June 26, 2004 to June 25, 2005           7.350% per annum
       June 26, 2005 to June 25, 2006           7.400% per annum
       June 26, 2006 to June 25, 2007           7.450% per annum
       June 26, 2007 to June 25, 2008           7.500% per annum
       June 26, 2008 to June 25, 2009           7.550% per annum
       June 26, 2009 to June 25, 2010           8.000% per annum
       June 26, 2010 to June 25, 2011           8.500% per annum
       June 26, 2011 to June 25, 2012           9.000% per annum

  Optional Redemption.
  
  The Company may at its option elect to redeem the Notes in whole
  on June 26, 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.

  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.

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.    


                                Page 4
                      Amended Pricing Supplement No. 3007 
                      Dated June 26, 1997
                      Rule 424(b)(3)-Registration
                      Statement No. 33-60723

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.

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.