PRICING SUPPLEMENT NO. 96-2 Dated October 30, 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)
UBS Securities Inc. purchased $50,000,000 principal amount of these
Medium-Term Notes, Series H, maturing on October 12, 1999, 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: October 12, 1999 Interest Payment Period:
Quarterly, except that the
Interest Rate Basis: initial Interest Payment Period
LIBOR shall commence on the Settlement
Date and end on January 13, 1997.
Specify Other Base Rate: N/A
Interest Reset Period:
Index Marurity: 3-month Quarterly, except that the
initial Interest Reset Period
Spread: plus 0.07% shall commence on the Settlement
Date and end on January 13, 1997.
Spread Multiplier: N/A
Interest Reset Dates:
Maximum Interest Rate: N/A Same as Interest Payment Dates
Minimum Interest Rate: N/A Settlement Date (Issue Date):
November 4, 1996
Interest Payment Dates:
The 12th of each January, April, Calculation Agent:
July and October, commencing on The Chase Manhattan Bank
January 13, 1997 through and
including the Maturity Date. Optional Repayment Date(s):
N/A
Initial Interest Rate: Additional Terms:
Determined as if the Settlement For the purposes of the Notes
Date was an Interest Reset Date. contemplated hereunder, interest
payments will include interest
accrued to, but excluding the
Interest Payment Date.
