PRICING SUPPLEMENT NO. 96-27 Dated December 16, 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)
Chase Securities Inc. purchased $35,000,000 principal amount of
these Medium-Term Notes, Series H, maturing on November 15, 2001, at a
principal price of $34,985,083.00 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: November 15, 2001 Interest Reset Dates:
Same as Interest Payment Dates
Interest Rate Basis:
LIBOR Settlement Date (Issue Date):
December 19, 1996
Specify Other Base Rate: N/A
Calculation Agent:
Index Maturity: 3-month (See The Chase Manhattan Bank
Special Provisions)
Optional Repayment Date(s):
Spread: plus 0.15% N/A
Spread Multiplier: N/A Additional Terms:
For the purposes of the Notes
Maximum Interest Rate: N/A contemplated hereunder, interest
payments will include interest
Minimum Interest Rate: N/A accrued to, but excluding, the
Interest Payment Date.
Interest Payment Dates:
The 15th of each February, May, Special Provisions:
August and November, commencing The Index Maturity to be used in
on February 15, 1997, through and calculating the Initial Interest
including the Maturity Date. Rate shall be 2-month.
Initial Interest Rate:
Determined as if the Settlement
Date was an Interest Reset Date.
