PRICING SUPPLEMENT NO. 95-15 Dated August 22, 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)
J. P. Morgan Securities Inc. purchased $100,000,000 principal amount of
these Medium-Term Notes, Series H, maturing on August 26, 1996, at a
principal price of $99,985,000.00 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: August 26, 1996 Interest Payment Period:
Quarterly
Interest Rate Basis:
Federal Funds Rate Interest Reset Period:
Daily
Specify Other Base Rate: N/A
Interest Reset Dates:
Index Maturity: N/A Each Business Day (as further
described in the Prospectus
Spread: plus 0.05% Supplement) except that the rate
applied to the three Business
Spread Multiplier: N/A Days prior to maturity or any
Interest Payment Date will be
Maximum Interest Rate: N/A the rate applied to the third
Business Day preceding such
Minimum Interest Rate: N/A maturity or Interest Payment
Date.
Interest Payment Dates: Settlement Date (Issue Date):
The 26th of each November, February, August 25, 1995
May and August commencing on
November 26, 1995 through and Calculation Agent:
including August 26, 1996. Chase Manhattan Bank, N.A.
Initial Interest Rate: Optional Repayment Date(s):
Determined as if the Settlement N/A
Date was an Interest Reset Date.
Interest Determination Date: Additional Terms:
The Business Day next preceding For the purposes of the Notes
the Interest Reset Date. contemplated hereunder,
interest payments will
include interest accrued to,
but excluding, the Interest
Payment Date.