PROSPECTUS                 Pricing Supplement No. 3190
Dated January 10, 1995     Dated August 21, 1998
PROSPECTUS SUPPLEMENT      Rule 424(b)(3)-Registration  Statement
                           No. 333-07469
Dated January 25, 1995

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

Trade Date:  August 21, 1998

Settlement Date (Original Issue Date):  August 26, 1998

Maturity Date:  August 15, 2001

Principal Amount (in Specified Currency): US$100,000,000

Price to Public (Issue Price):  99.8970%

Agent's Discount
or Commission:   0.250%

Net Proceeds to Issuer:  US$99,647,000

Interest Rate Per Annum:  5.65%

Interest Payment Date(s):

  _    March 15 and September 15 of each year
            X  Other: Semi-Annually on August 15 and February 15,
            commencing on February 15, 1999 (with respect to  the
            period  from  and including August 26,  1998  to  but
            excluding  February  15,  1999)  and  ending  on  the
            Maturity  Date (with respect to the period  from  and
            including  February  15, 2001 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. 3190
                      Dated August 21, 1998
                      Rule   424(b)(3)-Registration   Statement
                      No.333-07469

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  August
  26,  1998 and will be payable in U.S. dollars semi-annually  on
  February  15  and August 15 of  each year, commencing  February
  15,  1999 (with respect to the period from and including August
  26,  1998  to  but  excluding February 15,  1999)  and  on  the
  Maturity  Date  (with respect to the period from and  including
  February  15,  2001  to  but  excluding  the  Maturity   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.
                (Fixed Rate Notes)
                      Page 3
                      Pricing Supplement No. 3190
                      Dated August 21, 1998
                      Rule 424(b)(3)-Registration Statement
                      No. 333-07469


  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  June  27,  1998,  the Company had outstanding  indebtedness
  totalling $144.969 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  June  27, 1998 excluding  subordinated  notes
  payable after one year was equal to $144.272 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,   Six Months Ended
     1993  1994  1995  1996 1997   June 27,1998
     1.62  1.63  1.51  1.53 1.48   1.50

  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.




                (Floating Rate Notes)
                      Page 4
                      Pricing Supplement No. 3190
                      Dated August 21, 1998
                      Rule 424(b)(3)-Registration Statement
                      No. 333-07469

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  are  hereby incorporated in the Prospectus by  reference
  the  Company's  Annual Report on Form 10-K for the  year  ended
  December 31, 1997, and the Company's Quarterly Reports on  Form
  10-Q  for the quarters ended March 28, 1998 and June 27,  1998,
  heretofore  filed  with the Securities and Exchange  Commission
  pursuant  to  the Securities Exchange Act of 1934, as  amended,
  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  99.8970%
  of   the   aggregate  principal  amount  less  an  underwriting
  discount equal to 0.250%.

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