Rule 424(b)(3)
                                            Registration Statement
                                            No. 33-58107

PRICING SUPPLEMENT NO. 22,

Dated March 25,  1996,  to  Prospectus,  dated March 24,  1995,  and  Prospectus
Supplement, dated April 5, 1995.

                          THE CIT GROUP HOLDINGS, INC.
                             6.25% MEDIUM-TERM NOTES
                   DUE NINE MONTHS OR MORE FROM DATE OF ISSUE


(X) Senior Note                             ( ) Senior Subordinated Note

Principal Amount:  U.S. $ 100,000,000.

Proceeds to Corporation:  99.594% or $99,594,000.

Underwriting Discount:  .256%.

Issue Price:  99.85%.

Original Issue Date:  March 28, 1996.

Maturity Date:  March 28, 2001.

Interest Rate Per Annum:  6.25%.

Interest Payment Dates: Each March 28 and September 28, commencing September 28,
1996,  provided  that if any such day is not a Business Day, the payment will be
made on the next  succeeding  Business  Day as if it were  made on the date such
payment  was due,  and no  interest  will  accrue on the amount  payable for the
period from and after such  Interest  Payment Date or the Maturity  Date, as the
case may be.

         Interest  payments will include the amount of interest accrued from and
         including the most recent  Interest  Payment Date to which interest has
         been  paid (or from  and  including  the  Original  Issue  Date) to but
         excluding the applicable Interest Payment Date.

The Notes are  offered by the  Underwriters,  as  specified  herein,  subject to
receipt and acceptance by them and subject to their right to reject any order in
whole or in part.  It is expected  that the Notes will be ready for  delivery in
book-entry form on or about March 28, 1996.

                                J.P. MORGAN & CO.
                        FIRST UNION CAPITAL MARKETS CORP.

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Form:  Global Note.

Specified Currency:  U.S. Dollars.

Trustee, Registrar, Authenticating and Paying Agent: The Bank of New York, under
         Indenture  dated  as of  May  1,  1994  between  the  Trustee  and  the
         Corporation.

                                  UNDERWRITING

         J.P. Morgan Securities Inc. and First Union Capital Markets
         Corp. (the "Underwriters") are acting as principals in this
         transaction.

         Subject  to the terms  and  conditions  set forth in a Terms  Agreement
         dated March 25, 1996 (the "Terms  Agreement"),  between the Corporation
         and the  Underwriters,  incorporating  the  terms of a  Selling  Agency
         Agreement  dated  April 6, 1995,  between  the  Corporation  and Lehman
         Brothers,  Lehman Brothers Inc., CS First Boston Corporation,  Goldman,
         Sachs & Co., Merrill Lynch & Co., Merrill Lynch, Pierce, Fenner & Smith
         Incorporated, Morgan Stanley & Co. Incorporated,  Salomon Brothers Inc,
         and UBS  Securities  Inc.,  the  Corporation  has agreed to sell to the
         Underwriters,  and each of the  Underwriters  has  severally  agreed to
         purchase, the principal amount of the Notes set forth opposite its name
         below:

                                                        Principal Amount of
                  Underwriter                           the Notes

         J.P. Morgan Securities Inc.                     $ 75,000,000
         First Union Capital Markets Corp.                 25,000,000
                                                Total    $100,000,000

         Under the terms and conditions of the Terms Agreement, the Underwriters
         are committed to take and pay for all of the Notes, if any are taken.

         The Underwriters have advised the Corporation that it proposes to offer
         the Notes for sale from time to time in one or more transactions (which
         may  include  block  transactions), in  negotiated   transactions  or
         otherwise,  or a combination  of such methods of sale, at market prices
         prevailing  at the time of sale, at prices  related to such  prevailing
         market prices or at negotiated prices. The Underwriters may effect such
         transactions  by  selling  the Notes to or  through  dealers,  and such
         dealers may receive compensation in the form of underwriting discounts,
         concessions or commissions from the Underwriters  and/or the purchasers
         of the Notes for whom they may act as  agent.  In  connection  with the
         sale of the  Notes,  the  Underwriters  may be deemed to have  received
         compensation   from  the   Corporation  in  the  form  of  underwriting
         discounts,  and the Underwriters may also receive  commissions from the
         purchasers of the  Notes  for  whom  they  may  act  as  agent.   The
         Underwriters and any dealers that participate with the Underwriters in
         the

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         distribution  of the Notes may be  deemed to be  underwriters,  and any
         discounts or commissions  received by them and any profit on the resale
         of the  Notes by them may be  deemed to be  underwriting  discounts  or
         commissions.

         The Notes are a new issue of  securities  with no  established  trading
         market. The Corporation currently has no intention to list the Notes on
         any  securities  exchange.  The  Corporation  has been  advised  by the
         Underwriters that they intend to make a market in the Notes but are not
         obligated to do so and may  discontinue  any market  making at any time
         without  notice.  No assurance  can be given as to the liquidity of the
         trading market for the Notes.

         The  Corporation  has  agreed to  indemnify  the  Underwriters  against
         certain liabilities,  including liabilities under the Securities Act of
         1933, as amended.