PRICING SUPPLEMENT NO. 95-47 Dated September 4, 1996 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)
Merrill Lynch & Co., Merrill Lynch, Pierce, Fenner & Smith Incorporated,
purchased $50,000,000 principal amount of these Medium-Term Notes, Series
H, maturing on September 9, 1998, at a principal price of $50,000,000.00
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: September 9, 1998 Interest Payment Period:
Quarterly
Interest Rate Basis:
Treasury Bills Interest Reset Period:
Weekly
Specify Other Base Rate: N/A
Interest Reset Dates:
Index Maturity: 3-month Tuesday of each week (as further
described in the Prospectus
Spread: plus 0.35% Supplement), except that the
rate applied to the two Business
Spread Multiplier: N/A Days immediately prior to maturity
or any Interest Payment Date will
Maximum Interest Rate: N/A be the rate applied to the second
Business Day preceding the Maturity
Minimum Interest Rate: N/A Date or Interest Payment Date.
Interest Payment Dates: Settlement Date (Issue Date):
The 9th of each March, June, September 9, 1996
September and December,
commencing on December 9, 1996, Calculation Agent:
through and including the Chase Manhattan Bank
Maturity Date.
Optional Repayment Date(s):
Initial Interest Rate: N/A
Based on the results of the
Treasury Bill auction of Additional Terms:
September 3, 1996. For the purposes of the Notes
contemplated hereunder, interest
payments will include interest
accrued to, but excluding, the
Interest Payment Date.
