PRICING SUPPLEMENT NO. 96-29 Dated December 18, 1996 Rule 424(b)(2)
To Prospectus Supplement Dated August 22, 1996 File No. 33-64357
BENEFICIAL CORPORATION
Medium-Term Notes, Series H
(Book Entry Notes)
Salomon Brothers Inc purchased $25,000,000 principal amount of
these Medium-Term Notes, Series H, maturing on October 22, 1999, at a
principal price of $25,000,000.00 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: October 22, 1999 Initial Interest Rate:
Determined as if the Settlement
Interest Rate Basis: Date was an Interest Reset Date.
LIBOR
Interest Reset Dates:
Specify Other Base Rate: N/A Same as Interest Payment Dates
Index Maturity: 3-month Settlement Date (Issue Date):
December 23, 1996
Spread: plus 0.08%
Calculation Agent:
Spread Multiplier: N/A The Chase Manhattan Bank
Maximum Interest Rate: N/A Optional Repayment Date(s):
N/A
Minimum Interest Rate: N/A
Additional Terms:
Interest Payment Dates: For the purposes of the Notes
The 22nd of each January, April, contemplated hereunder, interest
July and October commencing on payments will include interest
January 22, 1997, through and accrued to, but excluding, the
including the Maturity Date. Interest Payment Date.
