Hii aspirants 

Let me clear your doubt. 

MAT is the entrance test to take admission in mba that is conducted four times in a year. The test takes place in the months of February, May, September and December. This provide candidates another chance to improve their score and retry for MBA admission within the same calendar year without wasting an entire year.

So those who want to take admission in mba it is ueful for that. 

Eligibility criteria -Candidates who have completed their graduationor in final year  in any of stream from a recognised institute or university are eligible to apply.

There is no age limit for this test. 

Also there is no restrictions regarding no of attempts. 

I hope my answer will help you out

Good luck