PRICING SUPPLEMENT NO. 95-34 Dated December 8, 1995 Rule 424(b)(2)
To Prospectus Supplement Dated March 2, 1995 File No. 33-57541
BENEFICIAL CORPORATION
Medium-Term Notes, Series H
(Book Entry Notes)
Salomon Brothers Inc purchased $100,000,000 principal amount of these
Medium-Term Notes, Series H, maturing on July 14, 1997, at a principal
price of $100,000,000.00 for resale to investors from time to time at
prices based on market conditions at the time of resale.
Floating Rate Notes Due 9 Months or More from Date of Issue
Maturity Date: July 14, 1997 Interest Payment Period:
Initially 1-month, Quarterly
Interest Rate Basis: thereafter
LIBOR
Interest Reset Period:
Specify Other Base Rate: N/A Initially 1-month, Quarterly
thereafter
Index Maturity: 3-month (See
Special Provisions) Interest Reset Dates:
Same as Interest Payment Dates
Spread: plus 0.04%
Settlement Date (Issue Date):
Spread Multiplier: N/A December 13, 1995
Maximum Interest Rate: N/A Calculation Agent:
Chase Manhattan Bank, N.A.
Minimum Interest Rate: N/A
Optional Repayment Date(s):
Interest Payment Dates: N/A
Initially, January 16, 1996,
thereafter, quarterly on the 14th Additional Terms:
of each January, April, July For the purposes of the Notes
and October, commencing on contemplated hereunder, interest
April 15, 1996, through and payments will include interest
including the Maturity Date. accrued to, but excluding the
Interest Payment Date.
Initial Interest Rate:
Determined as if the Settlement Special Provisions:
Date was an Interest Reset Date. The Index Maturity to be used in
determining the Initial Interest
Rate shall be 1-month.
