Pricing Supplement Dated November [__], 2004

Pricing Supplement No. 2005-2 Dated March 14, 2005

Rule 424(b)(3)

(To Prospectus dated November 25, 2002)

File No. 33-43420

GENERAL ELECTRIC CAPITAL CORPORATION

Interest Plus Notes - Floating Rate

Interest Rate:

Under

$15,000 to

Over

 

$15,000

$49,999

$50,000

 

Rate

Yield

Rate

Yield

Rate

Yield

 

2.50%

2.53%

2.75%

2.78%

3.00%

3.04%

 

 

Initial Investment Incentive: $25 for an initial investment of at least $500 or an initial investment of at least $250 along with enrollment in the automatic investment option.

In addition, $25 if at the time of initial investment automatic deduction from a GE payroll or GE pension check is authorized.

Effective Dates: March 14, 2005, until such time as a different rate is determined by the GE Interest Plus Committee. Information on current interest rates is available by calling 800-433-4480, 24 hours a day, seven days a week.