Will I only have to pay 99$ to get an iphone 5c?

OK… So i live in Pakistan (that doesn't matter much) but will I only have to pay 99$ (10, 000PKR) to BUY a New iPhone 5c. No contracts (whatever those are) etc. Just 99$ or is there a catch? Please reply As soon as possible.

The $99 is for contract. The price for a iphone 5c not on contract is $549

The device is $99 along with a 2 year contract. Off contract, you're talking $550 for 16GB or $650 for 32GB.

You pay $99 in store if you buy it with a standard contract. So you buy the phone from a carrier like AT&T and you pay them $99 right there. Then you will have to pay a monthly amount, just like a normal phone, but the amount you have to pay is probably higher than normal because you are basically paying for the phone while using it and having it.
It is handy if you need the phone but don't have the money when yo uneed the phone, but if you can afford it without a contact it will probably be cheaper because they add a little to the monthly amount, just like a bank loan.

Not sure how Pakistan works with contracts, but in the US Its $99 with a 2 year contract.