GENERAL ELECTRIC CAPITAL CORP
424B3, 1995-09-01
FINANCE LESSORS
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PROSPECTUS                 Pricing Supplement No. 2492
Dated January 10, 1995     Dated August 29, 1995
PROSPECTUS SUPPLEMENT      Rule 424(b)(3)-Registration Statement
Dated January 25, 1995     No. 33-55209

              GENERAL ELECTRIC CAPITAL CORPORATION
               GLOBAL MEDIUM-TERM NOTES, SERIES A
                       (Fixed Rate Notes)
Trade Date:  August 29, 1995

Settlement Date (Original Issue Date):  September 5, 1995

Maturity Date:  September 5, 2007

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

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:  US$25,000,000

Interest Rate Per Annum:  7.10%

Interest Payment Date(s):

  ___  March 15 and September 15 of each year
   X   Other: Monthly on the 5th of each month, commencing October
       5, 1995 

Form of Notes:

   X  DTC registered
  ___ non-DTC registered

Repayment, Redemption and Acceleration:

Initial Redemption Date:        September 5, 1996 (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.<PAGE>
                       (Fixed Rate Notes)
                                                           Page 2
                       Pricing Supplement No. 2492
                       Dated August 29, 1995
                       Rule 424(b)(3)-Registration Statement
                       No. 33-55209

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.

  The Notes will accrue interest at the rate of 7.10% per annum
  which will be payable on the 5th day of each month, commencing
  October 5, 1995 (each, an "Interest Payment Date").  Interest
  will be calculated and paid based on the number of days in the
  period in respect of which payment is being made 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 monthly Interest Payment Date
  or the Original Issue Date (in the case of the first Interest
  Payment Date).

  Optional Redemption.
  
  The Company may at its option elect to redeem the Notes in whole
  or in part on September 5, 1996 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.
<PAGE>
                       (Fixed Rate Notes)
                                                           Page 3
                       Pricing Supplement No. 2492
                       Dated August 29, 1995
                       Rule 424(b)(3)-Registration Statement
                       No. 33-55209

Plan of Distribution:

  The Notes are being purchased by Lehman Brothers Inc., (the
  "Underwriter"), as principal, at 100% 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.



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