PRICING SUPPLEMENT NO. 96-48 Dated March 6, 1997 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)
Merrill Lynch & Co., Merrill Lynch, Pierce, Fenner & Smith
Incorporated, purchased $50,000,000 principal amount of these Medium-
Term Notes, Series H, maturing on March 13, 2000, 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: March 13, 2000 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):
March 11, 1997
Spread: plus 0.08%
Calculation Agent:
Spread Multiplier: N/A The Chase Manhattan Bank
Maximum Interest Rate: N/A Optional Repayment Date(s):
N/A
Minimum Interest Rate: N/A
Additional Terms:
Interest Payment Dates: For the purposes of the Notes
The 13th day of each March, June, contemplated hereunder, interest
September and December commencing payments will include interest
on June 13, 1997 through and accrued to, but excluding, the
including the Maturity Date. Interest Payment Date.
