A very similar version, "Marširala, marširala Jelačića vojska" (Jelačić's Army was Marching), honors the 19th-century Ban Josip Jelačić.
Interestingly, the melody is not exclusive to Serbian history. Like many regional folk tunes, it has been adapted across borders—often with starkly different political meanings: marsirala_kralja_petra_garda
Are you interested in exploring the or perhaps looking for specific historical recordings from the 1920s? Marsirala Kralja Petra Garda lyrics - Nikola Urosevic A very similar version
It describes "Belgrade ladies" running out to watch the soldiers, representing the support of the civilian population. marsirala_kralja_petra_garda