PRICING SUPPLEMENT NO. 95-37 Dated January 16, 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)
Salomon Brothers Inc purchased $100,000,000 principal amount of these
Medium-Term Notes, Series H, maturing on February 14, 1997, at a
principal price of $100,000,000.00 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: February 14, 1997 Interest Payment Period:
Quarterly (See Special
Interest Rate Basis: Provisions)
LIBOR
Interest Reset Period:
Specify Other Base Rate: N/A Quarterly (See Special
Provisions)
Index Maturity: 3-month (See
Special Provisions) Interest Reset Dates:
Same as Interest Payment Dates
Spread: minus 0.07
Settlement Date (Issue Date):
Spread Multiplier: N/A January 19, 1996
Maximum Interest Rate: N/A Calculation Agent:
Chase Manhattan Bank, N.A.
Minimum Interest Rate: N/A
Optional Repayment Date(s):
Interest Payment Dates: N/A
Quarterly on the 19th of each
January, April, July and Additional Terms:
October, commencing on April For the purposes of the Notes
19, 1996, through and contemplated hereunder, interest
including the Maturity Date. payments will include interest
accrued to, but excluding the
Interest Payment Date.
Initial Interest Rate:
Determined as if the Settlement Special Provisions:
Date was an Interest Reset Date. The Index Maturity for the
January 19, 1997 Interest Reset
Date shall be 1-month.