SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT


                       Pursuant to Section 13 or 15(d) of
                       The Securities Exchange Act of 1934


         Date of Report (Date of earliest event reported) March 21, 2002
                                                         ----------------


                      GENERAL ELECTRIC CAPITAL CORPORATION
                     --------------------------------------
             (Exact name of registrant as specified in its charter)



    Delaware                     1-6461                         13-1500700
 ---------------             -------------                  ------------------
 (State or other              (Commission                     (IRS Employer
 jurisdiction of              File Number)                  Identification No.)
 incorporation)


         260 Long Ridge Road, Stamford, CT                    06927
        ----------------------------------                   -------
     (Address of principal executive offices)               (Zip Code


        Registrant's telephone number, including area code (203) 357-4000
                                                           --------------


<PAGE>


Item 5. Other Events

On March 21, 2002, General Electric Company ("GE"), the ultimate parent of the
registrant, set forth GE's approach to managing the long-term bond offerings and
debt portfolio of General Electric Capital Corporation. A copy of GE's press
release regarding GE's approach is attached hereto as Exhibit 99 and hereby
incorporated by reference.



Item 7. Financial Statements, Pro Forma Financial Information and Exhibits

        Exhibits:

        (99) Press release, dated March 21, 2002, issued by General Electric
        Company.




                                   Signatures

Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.

                                      GENERAL ELECTRIC CAPITAL CORPORATION



                                      By   /s/ Joan C. Amble
                                           --------------------------------
                                           Joan C. Amble
                                           Vice President and Controller

Date:  March 25, 2002


<PAGE>


                                  Exhibit Index
                                ----------------


(99) Press release, dated March 21, 2002, issued by General Electric Company.
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{"company-data": {"conformed-name": "GENERAL ELECTRIC CAPITAL CORP", "cik": "0000040554", "assigned-sic": "6141", "irs-number": "131500700", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "333-22265", "film-number": "02584181"}, "business-address": {"street1": "260 LONG RIDGE RD", "city": "STAMFORD", "state": "CT", "zip": "06927", "phone": "2033574000"}, "mail-address": {"street1": "260 LONG RIDGE ROAD", "city": "STAMFORD", "state": "CT", "zip": "06927"}, "former-company": {"former-conformed-name": "GENERAL ELECTRIC CREDIT CORP", "date-changed": "19871216"}}
SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

                       Pursuant to Section 13 or 15(d) of
                       The Securities Exchange Act of 1934

         Date of Report (Date of earliest event reported) March 21, 2002
                                                         ----------------

                      GENERAL ELECTRIC CAPITAL CORPORATION
                     --------------------------------------
             (Exact name of registrant as specified in its charter)

    Delaware                     1-6461                         13-1500700
 ---------------             -------------                  ------------------
 (State or other              (Commission                     (IRS Employer
 jurisdiction of              File Number)                  Identification No.)
 incorporation)

         260 Long Ridge Road, Stamford, CT                    06927
        ----------------------------------                   -------
     (Address of principal executive offices)               (Zip Code

        Registrant's telephone number, including area code (203) 357-4000
                                                           --------------
Item 5. Other Events

On March 21, 2002, General Electric Company ("GE"), the ultimate parent of the
registrant, set forth GE's approach to managing the long-term bond offerings and
debt portfolio of General Electric Capital Corporation. A copy of GE's press
release regarding GE's approach is attached hereto as Exhibit 99 and hereby
incorporated by reference.

Item 7. Financial Statements, Pro Forma Financial Information and Exhibits

        Exhibits:

        (99) Press release, dated March 21, 2002, issued by General Electric
        Company.

                                   Signatures

Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.

                                      GENERAL ELECTRIC CAPITAL CORPORATION

                                      By   /s/ Joan C. Amble
                                           --------------------------------
                                           Joan C. Amble
                                           Vice President and Controller

Date:  March 25, 2002
Exhibit Index
                                ----------------

(99) Press release, dated March 21, 2002, issued by General Electric Company.