PRICING SUPPLEMENT NO. 96-50 Dated June 20, 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)
J.P. Morgan Securities Inc. purchased $100,000,000 principal amount
of these Medium-Term Notes, Series H, maturing on July 22, 1998,
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: July 22, 1998 Interest Reset Dates:
Same as Interest Payment Dates
Interest Rate Basis:
LIBOR Settlement Date (Issue Date):
June 25, 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: minus 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 22nd day of each January, April, Special Provisions:
July and October commencing on The Index Maturity to be used in
July 22, 1997 through and determining the Initial Interest
including the Maturity Date. Rate shall be 1-month.
Initial Interest Rate:
Determined as if the Settlement
Date was an Interest Reset Date.
