TRANSAMERICA FINANCE CORP
424B2, 1996-12-16
PERSONAL CREDIT INSTITUTIONS
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PRICING SUPPLEMENT NO. 36                     Rule 424(b)(2) 
TRADE DATE  December 12, 1996                Registration No. 33-58365 
(To Prospectus Supplement dated May 15, 1995                   
including the Prospectus dated April 5, 1995) CUSIP Number: 89350L HG 0 

                                $3,000,000,00 
                       TRANSAMERICA FINANCE CORPORATION 
                         MEDIUM-TERM NOTES, SERIES E 
               Due from 9 Months to 30 Years from Date of Issue 

Floating Rate Note (X)                        Fixed Rate Note( ) 
Senior Medium-Term Note (X)                   Subordinated Medium-Term Note( ) 
                                                              
Principal Amount:      $25,000,000.00         Issue Price: 100%
Original Issue Date:   Dec. 17, 1996          Specified Currency: U.S. Dollars 
Interest Accrual Date: Dec. 17, 1996          Maturity Date: December 17, 2001 
      
Redemption Date(s): None                      New            Notice of 
                                              Maturity       Renewal
                                              Date(s):       Date(s):
Redemption Price(s): N/A  
Authorized Denominations (if other than 
denominations of $1,000 and integral                           
multiples of $1,000 in excess thereof                           
in U.S. Dollars):    N/A                                        
Repayment Date(s):   None                     Interest Payment Period: 
                                                   Quarterly
Repayment Price(s):  N/A                      Interest Payment Dates:   
                                                17th of each March, June,
                                                September and December
                                                (or modified following business
                                                  day)
Original Issue Discount
Note:  ( ) Yes   (X) No
Total Amount of OID:        N/A 
Yield to Maturity:          N/A               Global Security: (X)Yes  ( )  
Initial Accrual Period OID: N/A               Exchange Rate Agent:    N/A 
Method Used to Determine                      Historical Exchange Rate:  N/A 
Yield to Maturity and Initial 
Accrual Period OID:         N/A 
 
                              
(Only applicable to Floating Rate Notes):     Spread (plus or minus):   +.15
  Initial Interest Rate:    5.70078           Spread Multiplier:        N/A  
  Index Maturity:           3 Month           Maximum Interest Rate:    N/A 
  Base Rate(s):             LIBOR             Minimum Interest Rate:    N/A 
    If LIBOR, Designated LIBOR Page:          Calculation Rate Agent:   Bank of 
    ( ) LIBOR Reuters                                                   New York
    (X) LIBOR Telerate page 3750              Name of Agent: JP Morgan
Index Currency:  U.S. Dollars                 Agent's Discount or
Interest Reset Period:  Quarterly             Commission: $10,075.00
Interest Reset Dates:   Same as interest      Net Proceeds to Co: $24,989,925.00
                         payment dates

(X) Agent is acting as Agent for the sale of Notes by the Company
at a price to the public of (X) 100% of Principal Amount ( ) _____% of
Principal Amount 

( ) Agent is purchasing Notes from the Company as Principal at
100% of the principal amount for resale to investors and other purchasers at:
( ) a fixed initial public offering price of 100% of the principal amount; ( ) a
fixed initial public offering price of____% of the principal amount;( ) varying
prices relating to prevailing market prices at time of resale to be determined
by Agent.<PAGE>
  


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