GENERAL MOTORS ACCEPTANCE CORP
424B3, 1996-06-19
PERSONAL CREDIT INSTITUTIONS
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Pricing Supplement Dated June 17, 1996                      Rule 424(b)(3)
(To Prospectus Dated October 20, 1995)                      File No. 33-63463

                     GENERAL MOTORS ACCEPTANCE CORPORATION
                       Medium-Term Notes - Floating Rate
____________________________________________________________________________
Agent:                       NA
Principal Amount:            $25,000,000
Agent's Discount
  or Commission:             NA
Net Proceeds to Company:     $25,000,000
Initial Interest Rate:       Reset on the Issue Date (also an Interest
                             Reset Date)
Issue Date:                  6/18/96
Maturity Date:               6/18/98
____________________________________________________________________________

Calculation Agent:  GMAC

Interest Calculation:
	/X/  Regular Floating Rate Note

      Interest Rate Basis: / / CD Rate             / / Commercial Paper Rate
                           / / Prime Rate          /X/ Federal Funds Rate
                           / / LIBOR (see below)   / / Treasury Rate
                           / / Other
                           (see attached)

      If LIBOR, Designated LIBOR Page / / Reuters Page: / / or 
        /X/ Telerate Page: 120

Interest Determination Date: One Business Day prior to the corresponding      
                             Interest Reset Date
Interest Reset Dates:   Each Business Day commencing June 18, 1996 to but
                        excluding the Maturity Date.
Interest Payment Dates: Each March 18, June 18, September 18, December 18,
                        commencing September 18, 1996 and ending
                        June 18, 1998.
Index Maturity:         1 Day
Spread (+/-):           +0.20%

Day Count Convention:
      /X/ Actual/360 for the period from  6/18/96 to 6/18/98   
      / / Actual/Actual for the period from  / /   to  / /  
      / / 30/360 for the period from  / /   to  / /  

Redemption:
      /X/ The Notes cannot be redeemed prior to the Stated Maturity Date.
      / / The Notes may be redeemed prior to the Maturity Date.
      / / Initial Redemption Date:
          Initial Redemption Percentage: ___%
          Annual Redemption Percentage Reduction:  ___% until Redemption
          Percentage is 100% of the Principal Amount.



Repayment:
      / / The Notes cannot be repaid prior to the Maturity Date.
      /X/ The Notes can be repaid at par plus accrued interest, if any, prior
          to the Maturity Date upon 30 days prior written notice to the
          Company. 
      / / Optional Repayment Date(s):
          Repayment Price:    %

Currency:
      Specified Currency: U.S. (If other than U.S. dollars, see attached)
      Minimum Denominations: ___________ (Applicable only if Specified
      Currency is other than U.S. dollars)

Original Issue Discount:  / / Yes     /X/ No
      Total Amount of OID:            Yield to Maturity:
      Initial Accrual Period:

Form:  /X/  Book-Entry                / /  Certificated
 



 

 





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