PRICING SUPPLEMENT NO. 95-40 Dated February 7, 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)
Morgan Stanley & Co. Incorporated purchased $100,000,000 principal amount
of these Medium-Term Notes, Series H, maturing on March 10, 1997, at a
principal price of $100,000,000 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: March 10, 1997 Interest Payment Period:
Quarterly, except that the
Interest Rate Basis: initial Interest Payment Period
LIBOR shall end on June 10, 1996.
Specify Other Base Rate: N/A Interest Reset Period:
Quarterly, except that the
Index Maturity: 3-month initial Interest Reset Period
shall end on June 10, 1996.
Spread: minus 0.08%
Interest Reset Dates:
Spread Multiplier: N/A Same as Interest Payment Dates
Maximum Interest Rate: N/A Settlement Date (Issue Date):
February 12, 1996
Minimum Interest Rate: N/A
Calculation Agent:
Interest Payment Dates: Chase Manhattan Bank, N.A.
June 10, 1996
September 10, 1996 Optional Repayment Date(s):
December 10, 1996 N/A
March 10, 1997
Additional Terms:
Initial Interest Rate: For the purposes of the Notes
Determined as if the Settlement contemplated hereunder, interest
Date was an Interest Reset Date. payments will include interest
accrued to, but excluding the
Interest Payment Date.
