<TABLE>
<S>
<C>
PAGE 1
PRICING SUPPLEMENT NO. 29 TO PROSPECTUS DATED July 30, 1996
CUSIP #44922L3K0 RULE NO. 424 (b) (2)
REGISTRATION NO. 333-
(AS SUPPLEMENTED August 8, 1996)
IBM CREDIT CORPORATION
MEDIUM-TERM NOTE
(DUE FROM 9 MONTHS TO 30 YEARS FROM DATE OF ISSUE)
(FIXED RATE NOTE)
Principal Amount: $25,000,000.00 Designation : N9702001
Issue Price (as a % of Principal Amount): 99.880% Orig. Issue Date : 03/25/97
Record Dates: 03/10, 09/10 Maturity Date : 03/25/99
Interest Payment Dates: 03/25, 09/25 Initial Int. Rate: 6.37500% per yr.
Redemption:
Check opposite applicable paragraph.
XXX
----- The Notes cannot be redeemed prior to maturity.
<PAGE>
----- The Notes may be redeemed prior to maturity.
Initial Redemption Date: N/A
The Optional Redemption Price shall initially be N/A of the principal
amount of the Note to be redeemed and shall decline at each anniversary
of the Initial Redemption Dates by N/A of the principal amount to be
redeemed until the Optional redemption Price is 100% of such principal
amount.
DATED 03/24/97
</TABLE>
