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)      September 14, 1995    
                                                 -------------------------------

                              Travelers Group Inc.                         
--------------------------------------------------------------------------------
             (Exact name of registrant as specified in its charter)


     Delaware                        1-9924                 52-1568099
     --------------              ----------------          ---------------
     (State or other                (Commission             (IRS Employer
     jurisdiction of                File Number)            Identification No.)
     incorporation)

            388 Greenwich Street, New York, New York          10013           
--------------------------------------------------------------------------------
               (Address of principal executive offices)     (Zip Code)       


                                 (212) 816-8000                            
-------------------------------------------------------------------------------
              (Registrant's telephone number, including area code)










                              TRAVELERS GROUP INC.
                           Current Report on Form 8-K

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


               Exhibits:

               Exhibit No.    Description
               -----------    -----------

                  1.01        Terms Agreement, dated September 14,
                              1995, among the Company and CS First
                              Boston Corporation, Citicorp Securities,
                              Inc. and PaineWebber Incorporated, as
                              representatives of the Underwriters,
                              relating to the offer and sale of the
                              Company's 6 5/8% Notes due September 15,
                              2005.

                  4.01        Form of Note for the Company's 6 5/8% Notes
                              due September 15, 2005.


















                                     2










                                      SIGNATURE


                    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 hereunto duly authorized.




          Dated:  September 18, 1995         TRAVELERS GROUP INC.



                                             By   /s/ Firoz B. Tarapore     
                                               -----------------------------
                                                 Firoz B. Tarapore
                                                 Deputy Treasurer















                                          3