PRICING SUPPLEMENT NO. 96-26 Dated December 13, 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)
J.P. Morgan Securities Inc., purchased $33,000,000 principal amount
of these Medium-Term Notes, Series H, maturing on June 26, 2001,
at a principal price of $32,987,407.20 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: June 26, 2001 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 17, 1996
Spread: plus 0.14%
Calculation Agent:
Spread Multiplier: N/A The Chase Manhattan Bank
Maximum Interest Rate: N/A Optional Repayment Dates:
N/A
Minimum Interest Rate: N/A
Additional Terms:
Interest Payment Dates: For the purposes of the Notes
The 3rd of each March, June contemplated hereunder, interest
September and December, commencing payments will include interest
on March 3, 1997, through and accrued to, but excluding, the
the Maturity Date. Interest Payment Date.
