PRICING SUPPLEMENT NO. 96-34 Dated January 14, 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)
UBS Securities LLC purchased $75,000,000 principal amount of
these Medium-Term Notes, Series H, maturing on February 17,
2000, at a principal price of $75,000,000 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: February 17, 2000 Interest Reset Dates:
Same as Interest Payment Dates
Interest Rate Basis:
LIBOR Settlement Date (Issue Date):
January 17, 1997
Specify Other Base Rate: N/A
Calculation Agent:
Index Maturity: 3-month (See The Chase Manhattan Bank
Special Provisions)
Optional Repayment Date(s):
Spread: plus 0.11% N/A
Spread Multiplier: N/A Additional Terms:
For the purposes of the Notes
Maximum Interest Rate: N/A contemplated hereunder, interest
payments will include interest
Minimum Interest Rate: N/A accrued to, but excluding the
Interest Payment Date.
Interest Payment Dates:
The 17th day of each February, May, Special Provisions:
August, and November commencing on The Index Maturity to be used on
February 17, 1997 through and the initial Interest Reset Date
including the Maturity Date. (the Settlement Date) shall be
1-month.
Initial Interest Rate:
Determined as if the Settlement
Date was an Interest Reset Date.
