PROSPECTUS                 Pricing Supplement No. 3079
Dated January 10, 1995     Dated March 27, 1998
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
                       (Fixed Rate Notes)

Trade Date:  March 27, 1998

Settlement Date (Original Issue Date):  April 1, 1998

Maturity Date:  November 14, 2000

Principal Amount (in Specified Currency): US$150,000,000

Price to Public (Issue Price):  99.925%

Agent's Discount
or Commission:   0.175%

Net Proceeds to Issuer:  US$149,625,000

Interest Rate Per Annum:  5.85%

Interest Payment Date(s):

  __   March 15 and September 15 of each year
            X  Other:  Semi-Annually on May 12 and  November  12,
            commencing  on  May  12, 1998 (with  respect  to  the
            period  from  and  including April  1,  1998  to  but
            excluding  May 12, 1998) and ending on  the  Maturity
            Date  (with respect to the period from and  including
            May 12, 2000 to but excluding the Maturity Date)
Form of Notes:

  X DTC registered        ___  non-DTC registered

Repayment, Redemption and Acceleration

Initial Redemption Date:       Not applicable ("N/A")
Initial Redemption Percentage: N/A
Optional Repayment Date:       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. 3079
                      Dated March 27, 1998
                      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.

  Interest  on the Notes will accrue from and including April  1,
  1998  and will be payable in U.S. dollars semi-annually on  May
  12  and  November 12 each year, commencing May 12,  1998  (with
  respect to the period from and including April 1, 1998  to  but
  excluding May 12, 1998) and on the Maturity Date (with  respect
  to  the period from and including May 12, 2000 to but excluding
  the  Maturity  Date).  interest will accrue from and  including
  each   Interest  Payment  Date  to  but  excluding   the   next
  succeeding  pInterest 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.
                       (Fixed Rate Notes)
                           Page 3
                      Pricing Supplement No. 3079
                      Dated March 27, 1998
                      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.  As of February  27,  1997,  the
  Company  entered  into a Third Amended and  Restated  Indenture
  with  the  Trustee.  References in the accompanying  Prospectus
  Supplement  and Prospectus to "Indenture" shall be  amended  to
  refer to such Third Amended and Restated Indenture.

Additional Information:

  General.

  At  December 31, 1997, the Company had outstanding indebtedness
  totalling $136.814 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, 1997 excluding subordinated  notes
  payable after one year was equal to $136.117 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,
           1993   1994  1995  1996  1997
           1.62   1.63  1.51  1.53  1.48

   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.

                       (Fixed Rate Notes)
                           Page 4
                      Pricing Supplement No. 3079
                      Dated March 27, 1997
                      Rule 424(b)(3)-Registration Statement
                      No. 33-60723

   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,  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 Lehman Brothers  Inc.  (the
  "Underwriter"), as principal, at the Issue Price of 99.925%  of
  the  aggregate  principal amount less an underwriting  discount
  equal to 0.175%.

  The  Company  has  agreed to indemnify the Underwriter  against
  certain   liabilities,   including   liabilities   under    the
  Securities Act of 1933, as amended.